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Tuesday, 29 October 2013

China shares down, dragged by small caps and Shanghai FTZ

China’s primary share indexes eased on Tuesday despite strong performance by mainland banks, as an ongoing exodus from overbought small-cap stocks and Shanghai free trade zone (FTZ) issues dragged.


The Hang Seng index in Hong Kong was down 0.13 percent at midday, but the mainland component of the index was up 0.58 percent, lifted primarily by Chinese banks listed in Hong Kong.


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Pete Sweeney, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/QaJ-z9wwDNQ/

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