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China's 'nifty 50' at 6-month low on weak investment data

While construction activity decelerated in May, fixed asset investment slowed in first 5 months

Reuters  |  Shanghai 

China stocks fell on Wednesday, with the country's leading "nifty 50" stocks posting their worst day in six months, as weak investment data reinforced views that the world's second-largest economy will start to lose some momentum in coming months. Trading was thin, however, as investors awaited a likely US interest rate hike later in the session and debated whether the China's central bank would follow with a modest tightening of its own, as it did in March. The blue-chip CSI300 index fell 1.3 per cent to 3,535.30 points, while the Shanghai Composite ...

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First Published: Wed, June 14 2017. 14:07 IST
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