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China stocks slip on soft factory activity; set for best monthly gain in six - Vimarsana News

China stocks slip on soft factory activity; set for best monthly gain in six

* HK->Shanghai Connect daily quota used -1.4%, Shanghai->HK daily quota used 1.3% * FTSE China A50 -1.3% SHANGHAI, May 28 (Reuters) - China’s major stock indexes slipped on Monday after the country’s factory activity slowed slightly in May, but were on track for best monthly gain in about six months. ** The CSI300 index fell 0.5% to 5,296.53 points at the end of the morning session, while the Shanghai Composite Index lost 0.2% to 3,593.61 points. ** Shenzhen’s start-up board ChiNext added 1.6%, while Shanghai’s tech-focused STAR50 index climbed 3.1%. ** The CSI new energy index rose 3...

ASX to fall, iron ore moves back towards $US200 mark - Vimarsana News

ASX to fall, iron ore moves back towards $US200 mark

Australian shares are set to open lower, as holidays in the UK and US dented global equities. The Reserve Bank’s latest policy statement is expected at 2.30pm.

Source: afr.com
Shanghai Composite Index: China stocks post best month in six as policy tightening fears ease; Shanghai Composite index firms at close - Vimarsana News

Shanghai Composite Index: China stocks post best month in six as policy tightening fears ease; Shanghai Composite index firms at close

The blue-chip CSI300 index rose 0.2 per cent to 5,331.57, while the Shanghai Composite Index firmed 0.4 per cent to 3,615.48.

Chinese investors sell equities, buy money market funds - Vimarsana News

Chinese investors sell equities, buy money market funds

By Reuters Staff 3 Min Read SHANGHAI (Reuters) - Chinese investors are reducing their exposure to stock markets and investing in safe-haven money market funds (MMFs) as stock markets decline from multi-year highs on worries over policy tightening and lofty valuations. FILE PHOTO: A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song The trend since mid-February marks a reversal in the risk-seeking behaviour seen between Apr...

China stocks post worst week in nearly 2-1/2 yrs as bond yields surge - Vimarsana News

China stocks post worst week in nearly 2-1/2 yrs as bond yields surge

China stocks fell sharply on Friday to end the week lower, in line with global markets, with the blue-chip index posting its worst week in 28 months, as a rout in global bonds sent yields flying and dampened appetite for risky assets.