China stocks fall, financial and transport firms weigh [Reuters (UK)]
China Southern Airlines Company Limited (ZNH)
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Source: Reuters
China stocks fall, financial and transport firms weigh | Reuters Reuters Staff 3 Min Read SHANGHAI, Dec 12 (Reuters) - China stocks fell on Tuesday, erasing the bulk of their gains the previous session, led lower by financial and transport firms. Investors are worried over whether China’s central bank would follow the U.S. Federal Reserve, which is widely expected to raise interest rates this week. ** At the close, the Shanghai Composite index was down 41.19 points or 1.24 percent at 3,281.01 points. ** The blue-chip CSI300 index was down 1.32 percent, with its financial sector sub-index lower by 1.77 percent , the consumer staples sector down 0.27 percent, the real estate index down 0.69 percent and healthcare sub-index down 0.96 percent. ** The smaller Shenzhen index ended down 0.97 percent and the start-up board ChiNext Composite index was weaker by 1.01 percent. ** Around the region, MSCI’s Asia ex-Japan stock index was weaker by 0.29 percent while Japan’s Nikkei index closed down
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