24 Sep New tariffs drive China shares lower; property firms drop on pre-sale system review
China’s stock markets fell on
Tuesday, their first trading day after new U.S. and Chinese
tariffs on each others goods kicked in on Monday, while property
firms plunged on worries that a property pre-sale system may be
scrapped.
** At the close, the Shanghai Composite index was down
16.35 points or 0.6 percent at 2,797.48. Stock markets in China
were closed on Monday for a holiday.
** The blue-chip CSI300 index ended 0.9 percent lower, with its
financial sector sub-
Tuesday, their first trading day after new U.S. and Chinese
tariffs on each others goods kicked in on Monday, while property
firms plunged on worries that a property pre-sale system may be
scrapped.
** At the close, the Shanghai Composite index was down
16.35 points or 0.6 percent at 2,797.48. Stock markets in China
were closed on Monday for a holiday.
** The blue-chip CSI300 index ended 0.9 percent lower, with its
financial sector sub-
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