China stocks end lower on massive foreign outflows, weak sentiment

SHANGHAI, Nov 24 (Reuters) – China stocks closed lower on Friday as investors maintained a cautious stance over the country’s sluggish economic recovery, with strong foreign outflows denting risk sentiment further. ** The blue-chip CSI 300 Index and the Shanghai Composite Index were both down 0.7% at market close. ** Hong Kong’s Hang Seng Index lost 2%, and the Hang Seng China Enterprises Index declined 2.1%. ** For the week, the CSI 300 was down 0.8%, marking its worst week in a month, while the Hang Seng index closed 0.6% higher. ** Other Asian markets were also down on Friday amid little guidance from Wall Street, which was closed for a holiday, while the U.S. dollar remained on the backfoot…