Chinese stocks fall overnight on property fears

clock •

China's stock markets fell overnight as major problems in its property market prompted talk of a potential bailout of a developer.

Problems at unlisted Zhejiang Xingrun Real Estate Co. are hurting Chinese property shares on the mainland and in Hong Kong, and sent markets lower overnight.

China's Shanghai Shenzhen CSI 300 index lost 0.8%, as the yuan weakened to near an 11-month low and money-market rates rose.

Hong Kong's Hang Seng also finished marginally lower, down 0.1%.

The losses in Chinese markets follow a positive session overnight in the US. The NASDAQ Composite index leapt 1.3%, while both the Dow Jones and S&P were up by close of day.

In the UK, the FTSE 100 ended the day 0.6% up, while the FTSE All-Share was up 0.5%. 

In terms of firms, big climbers included Evraz, Wolfson Microelectronics and JP Morgan Russian Securities. 

 

More on Investment

AJ Bell teams with Standard Life to launch offshore bond

AJ Bell teams with Standard Life to launch offshore bond

Tax-deferred withdrawals of 5%

Alex Sebastian
clock 29 September 2026 • 1 min read
Retail investors sceptical of AI and IPOs as selectivity increases

Retail investors sceptical of AI and IPOs as selectivity increases

Finimize Modern Investor Pulse

Patrick Brusnahan
clock 29 September 2026 • 2 min read
L&G's Emiel Van Den Heiligenberg: The traditional inflation hedge is dead

L&G's Emiel Van Den Heiligenberg: The traditional inflation hedge is dead

Rethink required

Emiel Van Den Heiligenberg
clock 25 September 2026 • 3 min read
Trustpilot