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Stock impact report

China shares fall on profit-taking; investors watch trade talks [Reuters]

CHINA UNICOM (CHU) 
Company Research Source: Reuters
China shares fall on profit-taking; investors watch trade talks - Reuters 3 Min Read * SSEC -0.1 pct, CSI300 -0.1 pct, HSI 0.3 pct * China says to step up RRR cuts to help small firms * ‘Significant work’ remains in U.S.-China trade negotiations SHANGHAI, April 8 (Reuters) - Shares in China ended the morning session lower on Monday amid profit-taking following last week’s strong gains, and as investors remained concerned over progress in China-U.S. trade talks. ** At the midday break, the Shanghai Composite index was down 0.09 percent at 3,243.64. The index gained more than 5 percent last week. ** China’s blue-chip CSI300 index was down 0.09 percent, with its financial sector sub-index higher by 0.3 percent, the consumer staples sector up 0.69 percent, the real estate index down 0.95 percent and the healthcare sub-index down 1.06 percent. ** Chinese H-shares listed in Hong Kong rose 0.59 percent to 11,761.22, while the Hang Seng Index was up 0.29 percent at 30,023.51. ** The office of Show less Read more
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