China stocks extend fall amid global growth worries [Reuters]
CHINA TELECOM (CHA)
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Source: Reuters
China stocks extend fall amid global growth worries | Reuters 4 Min Read * SSEC -1.0 pct, CSI300 -0.6 pct, +HSI 0.1 pct * Waning global risk appetite seen driving outflows - analysts * Chinese premier reaffirms pledge to open up to foreign investment SHANGHAI, March 26 (Reuters) - Chinese shares fell on Tuesday, extending the previous day’s sharp losses, as investor sentiment remained fragile amid fears of a U.S. recession while concerns over a protracted U.S.-China trade war also weighed. ** At the midday break, the Shanghai Composite index lost 0.99 percent to 3,012.90 points. ** China’s blue-chip CSI300 index was down 0.59 percent, with its financial sector sub-index easing 0.52 percent and the healthcare sub-index losing 0.97 percent. But the consumer staples sector rose 1.22 percent and the real estate index gained 0.31 percent after a sharp fall on Monday. ** The U.S. Federal Reserve should consider raising the proportion of short-term Treasury bonds it holds to give itself more
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