China stocks end week lower as lofty valuations, Sino-West tensions weigh
Reuters
7 hrs ago
SHANGHAI, May 7 (Reuters) - China stocks fell on Friday to end the week lower, as worries over lofty valuations and Sino-West tensions offset optimism surrounding data and survey pointing to a continued recovery in the world's second-largest economy.
Popular Searches
** For the shortened week, CSI300 declined 2.5%, while SSEC dipped 0.8%.
** The tech-heavy start-up board ChiNext dropped 3.5%, having lost 5.9% for the week.
** Analysts remain cautious for the time being, citing a lack of factors for any upside momentum, and noting lofty valuations in some parts of the market.