China stocks flat as reform hopes offset by weak exports, yuan depreciation fears



Oct 13 China stocks barely changed on Thursday, as reform hopes that boosted shares of several state-owned companies were largely offset by disappointment over weak export data and growing concerns over yuan depreciation.
The blue-chip CSI300 index rose 0.1 percent, to 3,302.65, while the Shanghai Composite Index also gained 0.1 percent to 3,061.35 points.
Data released on Thursday showed China's September exports fell 10 percent from a year earlier, far worse than expected, raising concerns over China's economic health.
The figures, which point to weaker demand for Chinese goods, deepened... read more

 
13 October 2016 in World News, Views: 33
Source: Reuters
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