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China stocks fall amid global sell-off; financial shares help recover losses

Tue 25th December, 2018 7:51am
SHANGHAI, Dec 25 (Reuters) - China stocks fell over 2
percent on Tuesday morning but recovered much of the losses by
the close, aided by a late rebound in financial shares. 
** The blue-chip CSI300 index  .CSI300  fell 0.7 percent, to
3,017.28, while the Shanghai Composite Index  .SSEC  lost 0.9
percent to 2,504.82 points. 

** China stocks fell amid a global sell-off that was triggered
by worries about the global economy and Donald's Trump's
response to U.S. market weakness.
**  The Trump administration moved to bolster confidence and the
U.S. president called the Federal Reserve the "only problem our
economy has". 
** The CSI300 financial sector sub-index  .CSI300FS  was lower
by 0.66 percent, the consumer staples sector  .CSI300CS  down
0.02 percent, the real estate index  .CSI300REI  down 0.14
percent and the healthcare sub-index  .CSI300HC  up 0.18
** The smaller Shenzhen index  .SZSC  ended down 0.81 percent
and the start-up board ChiNext Composite index  .CHINEXTP  was
weaker by 0.848 percent.
** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was weaker by 0.16 percent, while Japan's Nikkei
index  .N225  closed down 5.01 percent.
** At 07:29 GMT, the yuan  CNY=CFXS  was quoted at 6.8856 per
U.S. dollar, 0.19 percent firmer than the previous close of
** The largest percentage gainers in the main Shanghai Composite
index were Nanjing Textiles Import & Export Corp Ltd
 600250.SS , up 10.03 percent, followed by GuangDong Super
Telecom Co Ltd  603322.SS , gaining 10.02 percent and Suzhou
Secote Precision Electronic Co Ltd  603283.SS , up by 10.02
** The largest percentage losses in the Shanghai index were
Changzhou Tenglong Auto Parts Co Ltd  603158.SS  down 10.02
percent, followed by Changyuan Group Ltd  600525.SS  losing 9.95
percent and Gem-Year Industrial Co Ltd  601002.SS  down by 8.79

 (Reporting by Shanghai Newsroom; Editing by Christian
 ((; Reuters Messaging:
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