China stocks track Asian markets lower on rate concerns

From XM.: 2024-04-12 01:04:36

China stocks fell on Friday as traders wary of U.S. rate cuts amidst unclear inflation outlook. Image of the dollar and U.S. Treasury yields raised risk concerns. China’s exports likely declined in March, reflecting an uneven economic recovery. Shanghai Composite down 0.04% midday. CSI300 dropped 0.28% with sectors like real estate and healthcare down. China’s CSI300 lost 2.1% for the week. H-shares in Hong Kong also fell. Globally, MSCI’s Asia ex-Japan stock index dipped 0.60%.



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