From XM Group: 2024-06-26 01:23:28

China stocks fell in line with regional markets due to concerns over U.S. interest rates. The yuan hit a seven-month low amid Federal Reserve comments. Investors are cautious ahead of U.S. inflation data. Dollar strength and stable housing markets suggest a delay in rate cuts. AI firms in China see rise in shares amid news of tech restrictions by OpenAI. Shanghai Composite down 0.32%, CSI300 down 0.25%, H-shares up slightly in Hong Kong. Other indexes show mixed performance. Regional markets mostly weaker except for Japan’s Nikkei.



Read more at XM Group: China stocks track regional markets lower on US rate concerns