Chinese Stocks Fall as Beijing Warns on Negative Impact of Trade Tensions

1 month ago 12

Chinese Stocks Fall arsenic Beijing Warns connected Negative Impact of Trade Tensions

By

Tracy Qu, Dow Jones Newswires

Chinese shares ended lower, with the Shanghai Composite Index dropping 0.2% to 3288.41. The Shenzhen Composite Index declined 0.9% and ChiNext Price Index was 0.65% lower.

Investors are digesting China's latest Politburo meetings, wherever Beijing cautioned astir the antagonistic interaction from worsening commercialized tensions and the request to further fortify growth, Deutsche Bank analysts wrote successful a commentary.

Property stocks led the declines. Poly Developments & Holdings dropped 5.1% and China Merchants Shekou Industrial Zone Holdings was 3.0% lower. Banks edged higher, with China CITIC Bank up 2.1% and China Construction Bank gaining 1.95%.

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