ahlimlim
2021-06-29
Hold
China stocks fall as financial, consumer firms weigh; Hong Kong down
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624941391,"share":"https://www.laohu8.com/m/news/2147560918?lang=&edition=full","pubTime":"2021-06-29 12:36","market":"sh","language":"en","title":"China stocks fall as financial, consumer firms weigh; Hong Kong down","url":"https://stock-news.laohu8.com/highlight/detail?id=2147560918","media":"Reuters","summary":"* SSEC -1.0%, CSI300 -1.3%, HSI -0.8%\n* HK->Shanghai Connect daily quota used -3.4%, Shanghai->HK da","content":"<p>* SSEC -1.0%, CSI300 -1.3%, HSI -0.8%</p>\n<p>* HK->Shanghai Connect daily quota used -3.4%, Shanghai->HK daily quota used 0.8%</p>\n<p>* FTSE China A50 -1.5%</p>\n<p>SHANGHAI, June 29 (Reuters) - China stocks fell on Tuesday as investors booked profit after a rally, with financial and consumer firms leading the retreat.</p>\n<p>** The CSI300 index fell 1.3% to 5,185.65 by the end of the morning session, while the Shanghai Composite Index lost 1.0% to 3,572.27.</p>\n<p>** The retreat came after the blue-chip CSI300 index rose for the fifth straight session on Monday.</p>\n<p>** The CSI300 financials index declined 1.3%, while the CSI300 consumer staples index dropped 2.1%.</p>\n<p>** China will make its monetary policy flexible, targeted and appropriate, while keeping interbank liquidity reasonable, the central bank said on Monday, as authorities seek to consolidate a post-COVID-19 economic recovery.</p>\n<p>** China's economy has staged a strong rebound from the impact of the COVID-19 pandemic, with Chinese exporters racing ahead to fill global demand bolstering the vast industry sector, but the recovery in the consumer end has been weak.</p>\n<p>** \"The net injection by the PBOC was to smooth liquidity across quarters and the PBOC would probably go 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class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-29 12:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* SSEC -1.0%, CSI300 -1.3%, HSI -0.8%</p>\n<p>* HK->Shanghai Connect daily quota used -3.4%, Shanghai->HK daily quota used 0.8%</p>\n<p>* FTSE China A50 -1.5%</p>\n<p>SHANGHAI, June 29 (Reuters) - China stocks fell on Tuesday as investors booked profit after a rally, with financial and consumer firms leading the retreat.</p>\n<p>** The CSI300 index fell 1.3% to 5,185.65 by the end of the morning session, while the Shanghai Composite Index lost 1.0% to 3,572.27.</p>\n<p>** The retreat came after the blue-chip CSI300 index rose for the fifth straight session on Monday.</p>\n<p>** The CSI300 financials index declined 1.3%, while the CSI300 consumer staples index dropped 2.1%.</p>\n<p>** China will make its monetary policy flexible, targeted and appropriate, while keeping interbank liquidity reasonable, the central bank said on Monday, as authorities seek to consolidate a post-COVID-19 economic recovery.</p>\n<p>** China's economy has staged a strong rebound from the impact of the COVID-19 pandemic, with Chinese exporters racing ahead to fill global demand bolstering the vast industry sector, but the recovery in the consumer end has been weak.</p>\n<p>** \"The net injection by the PBOC was to smooth liquidity across quarters and the PBOC would probably go back to drain short-term liquidity, while large inflows via the Stock Connect are unsustainable against a backdrop of a stronger dollar,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p>\n<p>** Yan said it's a bull market for growth stocks driven mainly by loose liquidity, and any signs of change in liquidity conditions could lead to large fluctuations in the market.</p>\n<p>** Shares in China's leading battery maker CATL hit an all-time high, after the company extended a battery supply deal with Tesla Inc to 2025.</p>\n<p>** According to Refinitiv data, investors via the Stock Connect linking mainland and Hong Kong sold net 2.6 billion yuan</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147560918","content_text":"* SSEC -1.0%, CSI300 -1.3%, HSI -0.8%\n* HK->Shanghai Connect daily quota used -3.4%, Shanghai->HK daily quota used 0.8%\n* FTSE China A50 -1.5%\nSHANGHAI, June 29 (Reuters) - China stocks fell on Tuesday as investors booked profit after a rally, with financial and consumer firms leading the retreat.\n** The CSI300 index fell 1.3% to 5,185.65 by the end of the morning session, while the Shanghai Composite Index lost 1.0% to 3,572.27.\n** The retreat came after the blue-chip CSI300 index rose for the fifth straight session on Monday.\n** The CSI300 financials index declined 1.3%, while the CSI300 consumer staples index dropped 2.1%.\n** China will make its monetary policy flexible, targeted and appropriate, while keeping interbank liquidity reasonable, the central bank said on Monday, as authorities seek to consolidate a post-COVID-19 economic recovery.\n** China's economy has staged a strong rebound from the impact of the COVID-19 pandemic, with Chinese exporters racing ahead to fill global demand bolstering the vast industry sector, but the recovery in the consumer end has been weak.\n** \"The net injection by the PBOC was to smooth liquidity across quarters and the PBOC would probably go back to drain short-term liquidity, while large inflows via the Stock Connect are unsustainable against a backdrop of a stronger dollar,\" said Yan Kaiwen, an analyst with China Fortune Securities.\n** Yan said it's a bull market for growth stocks driven mainly by loose liquidity, and any signs of change in liquidity conditions could lead to large fluctuations in the market.\n** Shares in China's leading battery 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