Chinese Shares Open Lower; Property, Pharma Stocks Weigh -- Market Talk

Dow Jones

01-15

0152 GMT - Chinese shares open lower after a rally in the previous session. Real estate and pharmaceutical stocks lead the losses. Investors are awaiting China's 4Q economic data later this week and Donald Trump's inauguration next week. China Vanke declines 1.45% and Poly Developments & Holdings is down 1.25%. Jiangsu Hengrui Medicine drops 1.3% and WuXi AppTec falls 2.2%. Bank stocks are broadly higher, with Industrial & Commercial Bank of China up 1.4% and Agricultural Bank of China gaining 1.6%. The benchmark Shanghai Composite Index drops 0.2% to 3235.47, the Shenzhen Composite Index is 0.7% lower and the ChiNext Price Index sheds 1.5%. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

January 14, 2025 20:52 ET (01:52 GMT)

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Real estate and pharmaceutical stocks lead the losses. Investors are awaiting China's 4Q economic data later this week and Donald Trump's inauguration next week. China Vanke declines 1.45% and Poly Developments & Holdings is down 1.25%. Jiangsu Hengrui Medicine drops 1.3% and WuXi AppTec falls 2.2%. Bank stocks are broadly higher, with Industrial & Commercial Bank of China up 1.4% and Agricultural Bank of China gaining 1.6%. The benchmark Shanghai Composite Index drops 0.2% to 3235.47, the Shenzhen Composite Index is 0.7% lower and the ChiNext Price Index sheds 1.5%. 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Real estate and pharmaceutical stocks lead the losses. Investors are awaiting China's 4Q economic data later this week and Donald Trump's inauguration next week. China Vanke declines 1.45% and Poly Developments & Holdings is down 1.25%. Jiangsu Hengrui Medicine drops 1.3% and WuXi AppTec falls 2.2%. Bank stocks are broadly higher, with Industrial & Commercial Bank of China up 1.4% and Agricultural Bank of China gaining 1.6%. The benchmark Shanghai Composite Index drops 0.2% to 3235.47, the Shenzhen Composite Index is 0.7% lower and the ChiNext Price Index sheds 1.5%. (sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 20:52 ET (01:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BGHQDM52.EUR","symbol_name":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503665831","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503665831","pubTimestamp":1736905920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0152 GMT - Chinese shares open lower after a rally in the previous session. 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Real estate and pharmaceutical stocks lead the losses. Investors are awaiting China's 4Q economic data later this week and Donald Trump's inauguration next week. China Vanke declines 1.45% and Poly Developments & Holdings is down 1.25%. Jiangsu Hengrui Medicine drops 1.3% and WuXi AppTec falls 2.2%. Bank stocks are broadly higher, with Industrial & Commercial Bank of China up 1.4% and Agricultural Bank of China gaining 1.6%. The benchmark Shanghai Composite Index drops 0.2% to 3235.47, the Shenzhen Composite Index is 0.7% lower and the ChiNext Price Index sheds 1.5%. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 14, 2025 20:52 ET (01:52 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}