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China Stocks, Yuan Retreat as Trade Data Worsen Growth Concerns


Monday, 14 January 2019 14:33 WIB

SahamChinaCSI 300Shanghai composite


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Shares in Hong Kong and Shanghai fell and the yuan declined as China's weakest trade data since 2016 highlighted the impact of the dispute with the U.S. and a slowing economy.

The Hang Seng Index broke a six-day winning streak, falling 1.6 percent as of 2:40 p.m. local time, with oil companies and Macau casino stocks among the worst performers. The Shanghai Composite Index fell 0.7 percent or 18.07 to 2535.77 and the ChiNext gauge dropped 1.3 percent. The offshore yuan fell 0.15 percent while its onshore counterpart -- coming off its strongest week

China's CSI 300 Index falls 0.9 percent or 26.99 to 3067.78, with a gauge of health care-related stocks falling 2.3 percent.

Source : Bloomberg


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