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Shanghai Stocks End Flat as Healthcare Firms Offset Developers


Tuesday, 22 May 2018 14:53 WIB

SahamChina Indeks CSI


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Shanghai stocks erased early losses to end flat on Tuesday, amid signs of easing trade tensions, after the United States and China are said to be nearing a deal to settle ZTE controversy.

The blue-chip CSI300 index fell 0.4 percent, to 3,906.21 points, while the Shanghai Composite Index ended flat at 3,214.35 points.

Washington and Beijing are nearing a deal that would remove an existing U.S. order banning American companies from supplying Chinese telecommunications equipment maker ZTE Corp , two people briefed on the talks told Reuters.

Source : Reuters


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