From XM Group: 2024-04-08 01:08:57

China stocks fell on Monday as the market reopened, following subdued regional markets due to US rate concerns. Investors are awaiting more economic data, including the US consumer price index report, credit data, inflation readings, and trade figures in China. The Shanghai Composite index was down 0.17%, with various sectors experiencing declines. Chinese H-shares in Hong Kong rose slightly, while the Hang Seng Index was down. Hong Kong authorities are considering measures to bolster the securities market. Other Asian markets showed mixed performance. Chinese property developer Shimao Group tumbled after a liquidation petition was filed against it by China Construction Bank in Hong Kong.



Read more at XM Group: China stocks fall on US rate concerns; economic data awaited