China's stock markets didn't join in with the rally seen on bourses across Asia on Monday as the Shanghai Composite Index (SCI) fell 1.5% to close at 4,958.85 points. It is the lowest the index has been since August 21, following on from a poor performance last week, the Wall Street Journal reported. The damage was done by SCI heavyweight PetroChina, which fell 2.4% on top of last week's loss of 11%. Gains elsewhere in the region were driven by strong US shopping figures over the Thanksgiving weekend. Hong Kong's Hang Seng Index closed up 4.1% at 27,626.62. Investor sentiment received a boost on Friday as Lee Shau-kee, chairman of property developer Henderson Land, saying that he expects the HSI to rebound to 30,000 by the end of this year. Lee added that he has put aside US$1.2 billion to invest in the market.
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