RPT-China stocks fall on new tariff concerns, weak data; HK down 0.2 pct



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(Repetitions to correct formatting)

* SSEC -0.3 PCT, CSI300 -0.4 PCT, HSI -0.2 PCT

* HK-> Shanghai Connect daily quota used 1.3 PCT

* US eyes 25 PCT tariffs – The main Chinese stock market in Shanghai and Hong Kong's Hang Seng index fell on Wednesday, while the United States plans to offer higher rates for $ 200 billion of Chinese imports. Fears of war are again in the spotlight and new manufacturing data point to weak growth prospects.

** At 03:32 GMT, the Shanghai Composite index fell by 9.07 points or 0.32% to 2,867.33. ** The Chinese CSI300 index fell 0.4%, its financial sector subindex by 0.81%, the consumer staple sector by 0.64%, the real estate index of 3.38% and the health care sub-index of 0.86%. ** The Trump administration plans to offer a 25% tariff on $ 200 billion of imported Chinese products after initially setting them at 10%, in an effort to pressure Beijing to obtain trade concessions, said Tuesday a source close to the plan. * The Chinese manufacturing sector experienced its slowest growth in eight months in July, as export orders declined. ** China H shares listed in Hong Kong increased by 0.02% to 11,026.7. while the Hang Seng index was down 0.17% to 28,533.37. ** The smallest index in Shenzhen was down 0.25% and ChiNext Composite's start-up index was up 0.21%. ** In the region, the MSCI Asia ex-Japan index was up 0.01%, while the Japanese Nikkei index was up 0.57%. ** The yuan was quoted at 6.816 per US dollar, 0.03% higher than the previous closing of 6.8181. ** Last week, China set its high point at 6.8293 per dollar, its lowest level since May 2017. ** The biggest winners of Shanghai's leading composite index were Shanghai Shenhua Holdings Co Ltd up 10.1%, followed by East International Enterprise Ltd earns 10.04% and GuiZhou YongJi Printing Co Ltd increases by 10.03%. ** The largest percentage losses of the Shanghai index were Hunan Fangsheng Pharmaceutical Co Ltd. down 8.74%, followed by Raisecom Technology Co. Ltd. losing 8.23% and Shenzhen Sunxing Light Alloys Materials Co Ltd down 7.31%. ** So far this year, the Shanghai stock index is down 13.03%, while the Chinese H shares index is down 5.8%. ** The best winners among the H shares were Guangzhou Automobile Group Co Ltd. up 3.67%, followed by CSPC Pharmaceutical Group Ltd. gaining 2.44% and ZhongAn online P & C Insurance Co. Ltd. up 1 95%. ** The three largest decreases in H-shares shares were China Resources Land Ltd which fell 3.14%, China Vanke Co Ltd which lost 2.8% and Huaneng Power International Inc down 2.5 %. ** About 8.23 ​​billion shares have traded up to now on the Shanghai Stock Exchange, or about 60.3% of the 30-day moving average of 13.65 billion shares. per day. The volume traded was 11.89 billion on the last full trading day. ** At 03:32 GMT, Chinese A shares traded at a premium of 17.36% over H shares listed in Hong Kong. ** The Shanghai Stock Index is below its 50-day moving average and below its 200-day moving average. ** The price / earnings ratio of the Shanghai index was 12.55 on the last full trading day while the dividend yield was 2.6%. ** So far this week, the market capitalization of Shanghai stock index rose 0.12% to 30.49 billion yuan. ** In Hong Kong, the Hang Seng Index sub-index followed by energy stocks fell 0.3% while the IT sector rose 0.4%. ** Technology shares in the region were boosted by the strong quarterly earnings of Apple Inc. ** The main winner of Hang Seng was WH Group Ltd. up 3.33%, while the biggest loser was Country Garden Holdings Co Ltd down 4.77%.

Report by Andrew Galbraith; Edition by Sunil Nair

Our Standards: The Thomson Reuters Trust Principles.
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