Chinese stocks declined as developers and energy producers dropped, overshadowing an advance by technology companies.
The
Shanghai Composite Index declined 0.3 percent to 2,097.88 at 10:37 a.m.
The gauge added 0.2 percent yesterday as investors weighed prospects
for stimulus after data showed the nation��s growth slowed to the
weakest pace in six quarters. While Premier Li Keqiang said China isn��t
considering œstrong stimulus, measures announced yesterday send a
œclear signal of loosening intention, Goldman Sachs Group Inc. said.
The
Hang Seng China Enterprises Index added 0.1 percent in Hong Kong. The
CSI 300 Index lost 0.3 percent as gauges of energy and financial
companies slid at least 0.4 percent.
Source : Bloomberg
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