Real estate drags China’s stocks down, Real Estate News, ET RealEstate

From Economic Times India Times: 2024-04-10 07:30:00

China stocks fell as Fitch revised outlook to negative, citing risks to public finance. Property developers report weakened sales, dragging real estate sector down. Key economic data awaited. Shanghai Composite index down 0.34%, CSI 300 down 0.43%. H-shares in Hong Kong rise 2.15%, Hang Seng Index up 1.88%. Yuan firmer at 7.2306 per U.S. dollar. Largest gainers include Shaanxi Construction Machinery Co. and SEC Electric Machinery Co. Largest losers include Beijing Kawin Technology Share-Holding Co. and Shanghai Prosolar Resources Development Co.



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