China Market falls 0.7%

China share market closed session down on Thursday, 14 May 2018, as uncertainty over trade relations between the U.S. and China and renewed concerns about North Korea kept investors cautious. The trade frictions with the United States remained a key market focus, with traders awaiting news from a second round of high levels talks in Washington. The regime in Pyongyang this week cancelled a meeting with South Korea, raising questions over a scheduled summit with the U.S. next month. The blue-chip CSI300 index fell 0.7%, to 3,864.05 while the Shanghai Composite Index lost 0.5% to 3,154.28 points. The CSI300 financial sub-index was lower by 0.53% and the consumer staples sector was down 1.33% while the real estate index dropped 0.57%. Healthcare sub-index fell 1.2%.

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