Sumary of China, Hong Kong stocks fall as upbeat inflation data raises tightening worries:
- Article content SHANGHAI — China and Hong Kong stocks fell on Friday, as robust inflation data raised worries over policy tightening and foreign selling via the Stock Connect pressured the A-share market..
- ** The CSI300 index fell 1.3% to 5,045.58 points at the end of the morning session, while the Shanghai Composite Index slipped 0.7% to 3,456.74 points..
- ** China factory gate prices rose at their fastest annual pace since July 2018 in March, official data showed on Friday, as growth in the world second-largest economy continued to gather momentum..
- ** Recent economic data has been robust, but analysts warn that it could lead to concerns of inflation and policy tightening….