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Chinese stocks slip upon reopen as investors face tariff war

Bloomberg
Bloomberg • 2 min read
Chinese stocks slip upon reopen as investors face tariff war
The CSI 300 Index erased opening gains of 0.7% within minutes on Wednesday, its first trading session after the Lunar New Year holiday, to fall 0.3%. Photo: Bloomberg
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Chinese stocks slipped as investors responded to heightened trade tensions upon their return from a week-long holiday.The CSI 300 Index erased opening gains of

0.7% within minutes on Wednesday, its first trading session after the Lunar New Year holiday, to fall 0.3%. The Hang Seng China Enterprises Index slumped more than 1% following a 3.5% jump in the previous session. 

The market moves suggest caution prevails among mainland traders as Washington and Beijing exchange tariff volleys. While hopes remain for an eventual deal that can defuse tensions, investors are reducing risk as uncertainty remains high.

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