China, Hong Kong stocks drop as policy tightening fears weigh leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
HK->Shanghai Connect daily quota used 6.8%, Shanghai->HK daily quota used 4.2% FTSE China A50 -1.1%
SHANGHAI, Feb 18 (Reuters) - China’s blue-chip index fell after hitting an all-time high on Thursday, the first trading session following a week-long Lunar New Year holiday, on worries over policy tightening and lofty valuations. The CSI300 index advanced as much as 2.1% to an all-time high of 5,930.9 points, before retreating 0.8% to 5,759.37 points at the end of the morning session, while the Shanghai Composite Index rose 0.4% to 3,669.42 points. The tech-heavy start-up board ChiNext fell 3.2% by midday. Among sectors, the CSI300 consumer staples index and the CSI300 healthcare index fell the most, dropping 3.9% and 4.0%, respectively.
China blue-chips scale over 13-year high on recovery cheer; Hong Kong up Reuters 2/10/2021
Popular Searches FTSE China A50 +1.8%
SHANGHAI, Feb 10 (Reuters) - China stocks advanced in the last trading session before the Lunar New Year holiday, with the blue-chip index scaling a more than 13-year high on Wednesday as investors cheered a continued recovery in the world s second-largest economy. The CSI300 index rose 1.7% to 5,781.43 points at the end of the morning session, the highest since Oct. 18, 2007, while the Shanghai Composite Index gained 1.0% to 3,640.65 points. For the holiday-shortened week, CSI300 climbed 5.4%, while SSEC added 4.1%. The A-share market will be closed from Thursday through Feb. 17, and resume trading on Feb. 18, 2021.
The CSI300 index rose 0.9 per cent, to 5,522.21 points at the end of the morning session, while the Shanghai Composite Index gained 0.5 per cent, to 3,518.09 points.