From Brecorder:

China stocks closed down as trade data exceeded expectations, lessening stimulus hopes. CSI300 Index fell 0.6% while Shanghai Composite slipped 0.4%. Hang Seng in Hong Kong dropped 1.3%, Hang Seng China Enterprises Index fell 1%. Despite this, Asian stocks rose as US rate cut talks circulated. China’s export/import growth surpassed estimates, raising concerns over stimulus impact on the economy. US-China relations strained as Foreign Minister Wang Yi criticized the US for misunderstanding China’s progress. Health, AI, and photovoltaic sectors dropped between 2.5% and 3.8%. WuXi AppTec tumbled after US Senate’s bill against Chinese biotech companies. JD.com surged 6% on strong Q4 revenue. Regulator emphasizes protecting small investors and market integrity.



Read more at Brecorder: China stocks fall on strong trade numbers – Markets