China stocks fall as bank lending disappoints; more easing expected
Chinese shares fell on Tuesday
after data showed banks extended fewer-than-expected new loans
in July.
** The Shanghai Composite index closed down 0.6% at
2,797.26, while the blue-chip CSI300 index ended 0.9%
lower.
** CSI300’s with financial sector sub-index was
lower by 1.4%, the consumer staples sector was down
0.5%, the real estate index fell 1.1% and the
healthcare sub-index declined 0.2%.
** The smaller Shenzhen index ended down 0.7% and the
start-up board Chi
after data showed banks extended fewer-than-expected new loans
in July.
** The Shanghai Composite index closed down 0.6% at
2,797.26, while the blue-chip CSI300 index ended 0.9%
lower.
** CSI300’s with financial sector sub-index was
lower by 1.4%, the consumer staples sector was down
0.5%, the real estate index fell 1.1% and the
healthcare sub-index declined 0.2%.
** The smaller Shenzhen index ended down 0.7% and the
start-up board Chi
Posted by Reuters