China stocks flat in quiet holiday trading

Want Want China Holdings

25/12/2019 03:57

* SSEC 0.0%, CSI300 0.0%
    * Stock connect closed for holiday
    * FTSE China A50 -0.4%

    SHANGHAI, Dec 25 (Reuters) - China stocks were flat on
Wednesday, as many overseas financial markets were closed for
Christmas holiday. 
    ** The CSI300 index  .CSI300  was unchanged at 3,991.97
points at the end of the morning session, while the Shanghai
Composite Index  .SSEC  was flat at 2,982.12 points. 
    ** 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.  
    ** Hong Kong market is closed for holiday on Dec. 25-26 and
will resume trading on Friday. 
    ** Japan's Nikkei index  .N225  was down 0.16%.
    ** The yuan  CNY=CFXS  was quoted at 6.9986 per U.S. dollar,
0.12% firmer than the previous close of 7.007. 
    ** The largest percentage gainers in the main Shanghai
Composite index were Sichuan Western Resources Holding Co Ltd
 600139.SS , up 10.15%, followed by Wuxi Taiji Industry Ltd Corp
 600667.SS , gaining 10.05% and Jiangsu Dingsheng New Material
Joint-Stock Co Ltd  603876.SS , up by 10.01%.
    ** The largest percentage losses in the Shanghai index were
Harbin Churin Group Jointstock Co Ltd  600891.SS , down 4.97%,
followed by Henan Dayou Energy Co Ltd  600403.SS , losing 4.94%
and Harbin Gong Da High-Tech Enterprise Development Co Ltd
 600701.SS , down by 4.93%.
    ** As of 0339 GMT, China's A-shares were trading at a
premium of 25.66% over the Hong Kong-listed H-shares.

 (Reporting by Luoyan Liu and Brenda Goh; Editing by Himani
Sarkar)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))