China stocks end roughly flat in quiet holiday trading

Want Want China Holdings

25/12/2019 07:15

SHANGHAI, Dec 25 (Reuters) - China stocks ended roughly flat
on Wednesday in quiet trading, as many overseas financial
markets were closed for Christmas.
    ** The blue-chip CSI300 index  .CSI300  fell 0.1%, to
3,990.87, while the Shanghai Composite Index  .SSEC  was flat at
2,981.88.    
    ** U.S. President Donald Trump said on Tuesday he and
Chinese President Xi Jinping will have a ceremony to sign the
first phase of the U.S.-China trade deal agreed to this month.
 urn:newsml:reuters.com:*:nL1N28Y0A0 
    ** China will step up support for employment to cope with
rising pressure on job security due to internal and external
challenges, the cabinet said on Tuesday, as the world's
second-largest economy slows.  urn:newsml:reuters.com:*:nL4N28Y1PV 
    ** "At present, China's employment situation is generally
stable, but risks and challenges at home and abroad are
increasing and the pressure to stabilise employment is
increasing," the State Council said in a statement.   
    ** The real estate sector  .CSI000952  slipped 0.3%, after
China said it will curb financial risks in the rental housing
market.  urn:newsml:reuters.com:*:nL4N28Z0DY 
    ** Around the region, Japan's Nikkei index  .N225  was down
0.20%.
    ** The yuan  CNY=CFXS  was quoted at 6.9923 per U.S. dollar,
0.21% firmer than the previous close of 7.007. 
    ** As of 07:05 GMT, China's A-shares were trading at a
premium of 25.73% over the Hong Kong-listed H-shares.

 (Reporting by Shanghai Newsroom; Editing by Himani Sarkar)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))