December 20, 2023Thomson Reuters

China stocks drop as stimulus optimism fades; Hong Kong gains

The blue-chip CSI 300 Index dropped 0.5%, while the Shanghai Composite Index dipped 0.4%

Source: Unsplash

Hong Kong's Hang Seng Index rose 1.0%, and the Hang Seng China Enterprises Index climbed 0.8%

Source: Unsplash

Sector wise, both media and brokers dropped 2%, leading the decline in China A-shares

Source: Pexels

Hang Seng Tech Index gained 1.1%

Source: Pexels