Chinese stocks listed onshore slumped at the open amid skepticism about Beijing’s stimulus plans and signs of weakness in holiday-spending data.
The benchmark CSI 300 Index dropped as much as 5.1% in early trading, set for its first loss in 11 days. A gauge of Chinese companies listed in the US had slid 6.9% Tuesday with travel and consumption related shares leading declines. The Hang Seng China Enterprises Index of Hong Kong-listed shares rose 1.3% after the gauge slid 10% Tuesday.
Visited 1 times, 1 visit(s) today
