China's stock markets swung in and out of negative territory on Monday, the first day of trading after Beijing proposed retaliatory tariffs on $60 billion worth of U.S. goods, the latest shot in an escalating Sino-U.S. trade war.
The Shanghai Composite index and the blue-chip CSI300 index gained 0.2 percent in morning trade. Both indexes were off earlier lows.
In contrast, shares in Hong Kong opened higher, with the Hang Seng index gaining 0.4 percent.
The yuan strengthened, gaining about 0.3 percent as of 0136 GMT to change hands at 6.8103 per U.S. dollar.
Source : Reuters