Renewed Selling Pressure Expected For China Shares
From Nasdaq: 2025-03-27 21:03:00
The China stock market rebounded on Thursday after a two-day slide, with the Shanghai Composite Index closing just below 3,375 points. The global forecast for Asian markets suggests mild downside due to key inflation data. The SCI ended slightly higher, with gains from financials and oil companies offset by weakness in the property sector. The index rose 0.15 percent to 3,373.75. Wall Street closed modestly lower amid concerns about Trump’s trade policies. Oil prices rose on supply concerns after a sharp drop in U.S. crude inventories. The economy grew slightly faster in Q4 2024, and pending home sales rebounded in February.
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