Chinese Stocks Cap Worst Week Since July Before MOF Briefing
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Chinese stocks fell as investors were seen reducing risk before the Ministry of Finance holds a policy briefing on Saturday, where it may add fresh fiscal stimulus.
The benchmark CSI 300 Index dropped 2.8%, bringing this week’s losses to 3.3%, the most since July. The Golden Dragon index of US-listed Chinese stocks declined 0.5% at 9:45 a.m. in New York. Hong Kong’s market was shut Friday for a holiday.