China blue-chips gain after Thursday rout; Shanghai Composite down [Reuters (UK)]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Reuters
China blue-chips gain after Thursday rout; Shanghai Composite down | Reuters 6 Min Read * SSEC -0.1 pct, CSI300 +0.7 pct, HSI +1.2 pct * Consumer shares lead gains in CSI * Tencent gains 5.1 pct after hitting 16-month lows SHANGHAI/HONG KONG, Oct 12 (Reuters) - Shares in China seesawed on Friday after Thursday’s market meltdown, with investors buying up sectors hit by recent heavy selling, but sentiment remained fragile amid worries over global trade, even as China reported unexpectedly strong export data. ** At the midday break, the Shanghai Composite index was down 3.22 points or 0.12 percent at 2,580.24. ** China’s blue-chip CSI300 index clawed back from earlier losses to gain 0.7 percent by the midday break, with its financial sector sub-index higher by 0.94 percent, the consumer staples sector up 2.22 percent, the real estate index up 0.77 percent and the healthcare sub-index up 0.95 percent. ** “People are keeping an eye on the RRR cut,” said the head of sales at a Hong Kong-bas
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