Shanghai Shares Snap 5-Day Rally on Trade Woes Ahead of U.S. Tariff Deadline
Thursday, 12 December 2019 14:53 WIB | MARKET UPDATE |Shanghai compositeCSI 300SahamChina

Shanghai stocks snapped a five-session rally to end lower on Thursday, as investors remained wary ahead of Washington's decision to proceed with new tariffs on Chinese goods this weekend.

The blue-chip CSI300 index fell 0.3% to close at 3,891.02, while the Shanghai Composite Index also shed 0.3% to 2,915.70.

U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, as markets braced for potential negative impacts.

Source : Reuters

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