SHANGHAI, Jan 2 (Reuters) – China stocks closed down on the first trading session of the new year, snapping a three-session winning streak, as latest data signalled uneven economic recovery, while business confidence for 2024 appeared to be subdued. ** The blue-chip CSI 300 Index lost 1.3% and the Shanghai Composite Index slipped 0.4% on Tuesday. ** Hong Kong’s Hang Seng Index fell 1.5% and the Hang Seng China Enterprises Index finished down 1.7%. ** The broader Asian shares started the trade on a steady footing as investors returning after a holiday lull looked ahead to fresh trading catalysts from key economic releases later in the week. ** A private-sector survey showed China’s factory activity expanded at a quicker pace…
Published Date: 2024-01-02
Source: Market Screener
Categories: Business, Investing, Stocks and Bonds
