SHANGHAI Dec 8 China stocks fell slightly on
Thursday, as investors grappled with mixed data showing
better-than-expected November trade numbers but a sharp fall in
The blue-chip CSI300 index fell 0.2 percent, to
3,470.14 points and the Shanghai Composite Index also
lost 0.2 percent, to 3,215.37 points.
Heavyweight blue-chips, in particular big-cap infrastructure
shares, lost traction and dragged on the market.
Investors' risk appetites were dented after data late on
Wednesday showed forex reserves fell nearly $70 billion last
month to the lowest level in nearly six years, as the central
bank struggled to prop up the yuan's value.
However, unexpectedly strong trade data on Thursday provided
some relief. China's November exports rose by 0.1 percent from a
year earlier, while imports expanded 6.7 percent on strong
demand for commodities from coal to iron ore.
Sectors were mixed. Banks and raw materials
gained, while properties and
On day four of the Shenzhen-Hong Kong stock connect,
Shenzhen shares took a breather as data showed net
inflows into the tech-heavy market were subdued.
(Reporting by Luoyan Liu and John Ruwitch; Editing by Richard