To the actions from the China ended lower on Friday as foreign funds halted their buying spree after nearly a month of net inflows as investors weighed in on China’s economic recovery.
The CSI 300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed down 0.95%, while the Shanghai index fell 0.68%.
Hong Kong’s Hang Seng Index lost 1.36% on the day.
For the week, the CSI 300 lost 1% and the Hang Seng lost 4.5%, the biggest weekly decline since late October.
The Chinese market had been on a spree of foreign money inflows since Jan. 4, with sales of 4.2 billion yuan ($622.74 million) of Chinese shares through the Stock Connect Scheme on Friday.
Meanwhile, there are still no clear signs of domestic money entering the market, Industrial Securities wrote in a note.
In TOKYO, the Nikkei index advanced 0.39%, to 27,509 points.
In HONG KONG, the HANG SENG index fell 1.36% to 21,660 points.
In SHANGHAI, the SSEC index lost 0.68% to 3,263 points.
The CSI300 index, which brings together the largest companies listed in SHANGHAI and SHENZHEN, fell 0.95% to 4,141 points.
In SEOUL, the KOSPI index appreciated by 0.47%, at 2,480 points.
In TAIWAN, the TAIEX index rose by 0.05% to 15,602 points.
In SINGAPORE, the STRAITS TIMES index gained 0.61% to 3,384 points.
In SYDNEY, the S&P/ASX 200 index advanced 0.62% to 7,558 points.
Source: Moneytimes
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