China stocks reverse gains as benchmark rate cut seen unlikely

Shanghai, February 21 (Reuters) - The Chinese stock has won at least the success on Friday, with a lot of encouragement in the trade negotiations with the US, it is feared that the decrease in aggressive profit rates for the promotion of Beijing development Will not. ** Shanghai gross index declined 0.34 percent to 2,751.80. ** Blue Chip CSI300 index dropped 0.27%, with its sub-index of the financial sector 0.35% decreased. ** Small Shenzhen index fell 0.27% while the premier board chairman composited 0.3%. ** Media media told Reuters that China's central bank is still not ready to reduce benchmark interest rates to promote slow economy, despite cold infections and a strong yuan, thus The move has boosted market expectations. ** The Reuters report follows Chinese Premier Li Xinjiang's comments that China has not changed its morale policy and is not a "flood-like" motive. ** In the morning session the stock was increased, news has helped that America and China have tried to introduce promises as the principle of principle on the most important issues in their trade dispute, yet the seven-month commercial war Identifying the most important progress of eliminating, according to the familiar sources of negotiations. ** In this region, MSCI Asia's ex-Japan stock index increased from 0.21%, while the Japanese index index closed 0.15 percent. ** 07:17 GMT was handed over to US $ 6.705 9 per dollar, which was 0.17% higher than the previous half of 6.7171. ** Henan Yogging Gold & Lead Company Limited, 10.1 percent, Essen Trust Company Limited, 10.09% and Shanwanu Dongfeng Printing Company Limited, 10.06%, who got the largest percentage in Central Shanghai overall index increased 10.06 percent. ** The biggest percentage of Shanghai index was below 5.04%, followed by Timem Science and Technical Co., 5.04% and Guangzhou Pearl River Development Company Limited, 5.02%. ** So far this year, the Shanghai stock index is 10.3% and the CSI300 has increased by 14.4% while China's H Exchange Exchange index in Hong Kong is 11.6%. Shanghai stock has increased by 6.47 percent this month. (Reporting by Andrew Gilberra; edited by Shrimaji Sinha)

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