China stocks post best week in 3 months


Market outperformance: A yuan banknote in front of a stock graph in an illustration. Investors are watching whether the recent strength, coupled with the yuan advancing could set the stage for the next leg higher for the market. — Reuters

SHANGHAI: China stocks slipped on Friday, but posted their best week in more than three months as inflation and policy tightening worries faded and a strong yuan boosted foreign inflows into the country's equities market.

The blue-chip CSI300 index fell 0.3% to 5,321.09, while the Shanghai Composite Index eased 0.2% to 3,600.78.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

yuan , foreign inflows , equities , CSI300 index

   

Next In Business News

Paragon Globe proposes to sell Johor land for RM238.32mil
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says
Independent auditor raises going concerns about Pharmaniaga
Ringgit ends lower on firmer US dollar index
Artroniq sells Penang property for RM1.8mil
Digital banks will not affect traditional banks in Malaysia
Dufu sees rise in global semiconductor sales and memory sector
MICCI, Penang work together to boost competitiveness in semiconductors, ports, trade
VSTECS appointed as the first Amazon Web Services distributor in Malaysia
Apple’s China iPhone shipments soar 12% in March after discounts

Others Also Read