China, HK stocks retreat after lacklustre inflation data [Reuters (UK)]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Reuters
China, HK stocks retreat after lacklustre inflation data | Reuters 4 Min Read * SSEC -0.6 pct, CSI300 -0.9 pct, HSI -1.6 pct * China’s producer prices slow for 7th straight month, raising deflation fears * U.S. trade envoys to meet China’s Xi, no decision on deadline extension SHANGHAI, Feb 15 (Reuters) - China and Hong Kong stocks dropped on Friday, as latest official data raised deflation fears, while investors were worried about uncertainties over the Sino-U.S. trade negotiations. ** The CSI300 index fell 0.9 percent to 3,371.36 points at the end of the morning session, while the Shanghai Composite Index lost 0.6 percent to 2,702.83 points. ** The Hang Seng index dropped 1.6 percent to 27,964.43 points, while the Hong Kong China Enterprises Index slipped 1.8 percent to 10,970.05 points. ** China’s factory-gate inflation slowed for a seventh straight month in January to its weakest pace since September 2016, raising concerns the world’s second-biggest economy may see the return of d
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