China stocks fall on foreign outflows, weak sentiment

SHANGHAI, Nov 24 (Reuters) – China stocks fell on Friday as investors remained cautious about the country’s sluggish economic recovery, with strong foreign outflows denting risk sentiment. ** The blue-chip CSI 300 Index and the Shanghai Composite Index were both down 0.5% by the midday recess. ** Hong Kong’s Hang Seng Index lost 1.4%, and the Hang Seng China Enterprises Index declined 1.6%. ** Other Asian shares were also down, amid little guidance from Wall Street which was closed for a holiday, while the dollar remained on the back foot as investors bet U.S. rates have peaked. ** Foreign investors sold a net 7.2 billion yuan ($998.46 million) of Chinese shares via the Stock Connect so far on the day,…