China stocks closed lower on Thursday as investors fretted about the possible imposition of new US tariffs on imported goods from China, which could come as early as this week. China stocks closed lower on Thursday as investors fretted about the possible imposition of new US tariffs on imported goods from China, which could come as early as this week. Around the region, MSCI's Asia ex-Japan stock index was weaker by 1pc, while Japan's Nikkei index closed down 0.41pc. The Shanghai stock index is below its 50-day moving average and below its 200-day moving average. So far this week, the market capitalisation of the Shanghai stock index has fallen by 0.77pc to 28.80 trillion yuan.

Source: Irish Independent September 06, 2018 08:03 UTC