(Reuters) – China’s equities eased on Thursday as weaker-than-expected lending data sparked liquidity concerns and weighed on sentiment.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, fell 0.84%, while the Shanghai index dropped 0.22%.
New bank lending in China fell to 1.08 trillion yuan ($166.5 billion) in July, the lowest level in nine months.
“We believe the slowdown and the resulting drag on the economy will continue in the coming months, despite the reserve requirement and interest rate cuts,” Capital Economics said in a statement.
The consumer sector led losses, with its sub-index ending down 1.8%.
. In TOKYO, the Nikkei index retreated 0.20% to 28,015 points.
. In HONG KONG, the HANG SENG index fell 0.53% to 26,517 points.
. In SHANGHAI, the SSEC index lost 0.22% to 3,524 points.
. The CSI300 index, which brings together the largest companies listed in SHANGHAI and SHENZHEN, retreated 0.84% to 4,973 points.
. In SEUL, the KOSPI index had a devaluation of 0.38%, to 3,208 points.
. In TAIWAN, the TAIEX index dropped 0.04% to 17,219 points.
. In SINGAPORE, the STRAITS TIMES index gained 0.09% to 3,182 points.
. In SYDNEY the S&P/ASX 200 index advanced 0.05% to 7,588 points.
+ Until 2019, there were more people in prisons than on the Brazilian stock exchange
+ Geisy complains about social media censorship: “Instagram is chasing me”
+ Aloe gel in the drink: see the benefits
+ Nicole Bahls had already been warned about her ex-husband’s infidelity
+ Lemon-squeezing trick becomes a craze on social media
+ Chef playmate creates aphrodisiac recipe for Orgasm Day
+ Mercedes-Benz Sprinter wins motorhome version
+ Anorexia, an eating disorder that can lead to death
+ US agency warns: never wash raw chicken meat
+ Yasmin Brunet breaks the silence
+ Shark is captured in MA with the remains of youngsters missing in the stomach