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

Partner Insight: Atoms - Identifying structural long-term trends driving sustainable investing

Partner Insight: Atoms - Identifying structural long-term trends driving sustainable investing

In the first of three-part series, Sebastien Beguelin, Senior Fund Manager, looks at ’atoms’ – representing investments into the physical world – and how this long-term trend is represented in our sustainable fund range

Sebastien Beguelin, Senior Fund Manager, Royal London Asset Management
clock 18 August 2025 • 4 min read
Mondrian Investment Partners' Aileen Gan: Japanese equities offer compelling alternative to US

Mondrian Investment Partners' Aileen Gan: Japanese equities offer compelling alternative to US

'Resilient and attractively valued'

Aileen Gan
clock 14 August 2025 • 4 min read
UK investors back defence over AI for the rest of 2025

UK investors back defence over AI for the rest of 2025

British defence firms' shares rising in value

Patrick Brusnahan
clock 30 July 2025 • 1 min read
Trustpilot