21 Jan China, HK stocks retreat as investors brace for tough quarter
Shares in China and Hong Kong
fell on Tuesday as investors take stock of the country’s weak
economic outlook, which points to a difficult first quarter of
2019, with the impact of policy support expected later in the
year.
** At the midday break, the Shanghai Composite index was
down 0.7 percent at 2,591.37.
** China’s blue-chip CSI300 index was down 0.9
percent, with its financial sector sub-index lower
by 0.5 percent, the consumer staples sector falling
1.6 percen
fell on Tuesday as investors take stock of the country’s weak
economic outlook, which points to a difficult first quarter of
2019, with the impact of policy support expected later in the
year.
** At the midday break, the Shanghai Composite index was
down 0.7 percent at 2,591.37.
** China’s blue-chip CSI300 index was down 0.9
percent, with its financial sector sub-index lower
by 0.5 percent, the consumer staples sector falling
1.6 percen
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