Stock collapse China - Economic Collapse : China shares fall as fresh russia ukraine conflict

2 years ago
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Stock collapse #China - #Economic Collapse : China shares fall as fresh russia ukraine conflict

Chinese stocks will fall as new sanctions against Russia dampen sentiment.

China's A shares fell on Monday as shares of financial and consumer firms fell as new western sanctions against #Russia after Russia's invasion of #Ukraine kept investors away from riskier assets.

During the midday break, the Shanghai Composite Index (.SSEC) fell 0.14% to 3,446.44.

China's Excellent CSI300 Index (.CSI300) was down 0.36%, the Financial Sector Sub-Index (.CSI300FS) was down 0.73%, the Basic Consumer Sector (.CSI000912) was down 0.64%, and the Real Estate Index (.CSI000952) was down. .Has fallen. ) Down 1.61% and Healthcare Subindex (.CSI300HC) down 0.59%.

China's H shares, listed in Hong Kong (.HSCE), fell 1.15% to 7,899.62, and the Hang Seng Index (.HSI) fell 1.38% to 22,452.16.

The Hang Seng Index has hit its lowest level since March 24, 2020, just 6.2% higher than its March 2020 low at the height of global market panic for the early spread of COVID-19.

The small Shenzhen index (.SZSC) was down 0.27%, the startup board ChiNext Composite index (.CNT) was up 0.11%, and the Shanghai technology-focused STAR50 index (.STAR50) was down 0.07%.

Materials, energy and defense stocks have risen as investors bet on sectors they see potentially benefiting from the conflict in Ukraine. Read more

The CSI Defense Index (.CSI399973) was up 1.77% and the SSE Resources Index (.CSI000068) added 1.66%.

In the region, MSCI's Asian stock index (.MIAPJ0000PUS) was down 0.90%, while Japan's Nikkei (.N225) was down 0.42%.

The yuan is forecast at 6.3112 per dollar, 0.09% stronger than its previous closing price of 6.317.

More Video :
NATO and U.S. send fighter jets, F-35A, F-16 Fighting and F-15 Eagle to Ukraine in front of Russia
https://youtu.be/9LRRZbgCcZ0

China is starting to doubt! Will China betray Russia? Russian invasion of Ukraine
https://youtu.be/LFzXGUiYKCA

How great is the Chechen Special Forces who joined the Russia-Ukraine conflict
https://youtu.be/nulJrlMxFzs

High Tension in Ukraine : Putin Responds to NATO action - Putin deploys nuclear forces to Belarus
https://youtu.be/k8KI_c60HP8

-Why did Russia invade Ukraine, How dangerous was this
https://youtu.be/Ys2D9Z2F4lM

China is hit by an earthquake
https://youtu.be/H1zk-NgePCQ

China's record rainfall in 2020 - Increased vigilance 2022
https://youtu.be/XJ4-1e0Cwqw
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resource news : https://www.reuters.com
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