China stocks started the week on a soft note on Monday, as uncertainties around Sino-U.S. trade talks dampened risk appetite.
The blue-chip CSI300 index fell 1.1%, to 3,890.66, while the Shanghai Composite Index lost 1.1% to 2,977.08.
Washington and Beijing labelled the two-day talks last week as “productive” and “constructive”, with the U.S. Trade Representative’s office saying that high-level negotiations will take place in October, as previously planned.
However, investors’ appetite for risk assets was curbed after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska.
Source : Reuters