2020-12-09 11:30:00
CHINA STOCKS DOWN
REUTERS - DECEMBER 9, 2020 - China shares closed lower on Wednesday, led by losses in securities firms, as concerns over Sino-U.S. relations weighed on sentiment.
At the close, the Shanghai Composite index was down 1.12% at 3,371.96.
The blue-chip CSI300 index was down 1.34%, with its sub-index tracking securities firms lower by 3.11%, the consumer staples sector down 0.92%, the real estate index down 1.35% and the healthcare sub-index down 1.12%.
The smaller Shenzhen index ended down 1.57% and the start-up board ChiNext Composite index was weaker by 1.764%.
China’s factory gate prices fell at a slower pace in November, adding to signs that the economy continues to recover from the COVID-19 pandemic, but consumer prices declined for the first time in over a decade on falling food prices.
U.S. President-elect Joe Biden is considering appointing former South Bend, Indiana, Mayor Pete Buttigieg to a high-level ambassadorship, possibly to China, Axios reported on Tuesday, citing people familiar with the matter.
Biden’s national security team plans to broadly review sanctions operations at the U.S. Treasury Department, including an evaluation of current programmes, staffing and budgets, Bloomberg News reported, citing people familiar with the matter.
Around the region, MSCI’s Asia ex-Japan stock index was barely changed, while Japan’s Nikkei index closed up 1.33%.
At 07:01 GMT, the yuan was quoted at 6.5273 per U.S. dollar, 0.07% firmer than the previous close of 6.5322.
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Earlier:
2020, December, 7, 13:15:00
CHINA OIL IMPORTS UP
China's crude imports in the first 11 months to 11.03 million b/d, rising 9.2% year on year.
2020, December, 7, 13:10:00
CHINA GAS IMPORTS UP
China's natural gas sales exceeded 950 million cu m/day across the nation, state-owned oil and gas infrastructure giant PipeChina said on its official WeChat on Nov. 21.
2020, December, 2, 14:35:00
CHINA'S HYDROPOWER PLAN 60 GW
China estimates its hydropower potential at around 700 GW
2020, November, 30, 11:45:00
CHINA'S STOCKS UPDOWN
The blue-chip CSI300 index fell 0.4%, to 4,960.25, while the Shanghai Composite index slipped 0.5% to 3,391.76, reversing earlier gains as investors booked profits.
2020, November, 23, 12:20:00
CHINA'S RENEWABLE SUBSIDY UP
China had slashed the subsidy in 2020 from the previous year by around 30%
2020, November, 20, 13:35:00
CHINA'S OPENNESS, COOPERATION
“China will remain committed to openness and cooperation, and adhere to multilateralism and the principle of extensive consultation, joint contribution and shared benefits.”
2020, November, 17, 13:10:00
CHINA GAS PRODUCTION UP
The natural gas produced in October was 11.6% higher from September and up 11.9% from a year ago, data released Nov. 16 by the National Bureau of Statistics showed.
