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Stock impact report

Shanghai stocks pare most losses; Beijing vows further financial sector opening [Reuters]

GREAT WALL MOTOR CO ADR (GWLLY) 
Company Research Source: Reuters
Shanghai stocks pare most losses; Beijing vows further financial sector opening | Reuters 4 Min Read * SSEC -0.3 pct, CSI300 0.1 pct, HSI 0.0 pct * China’s premier pledges more financial sector opening to foreign investors * China makes unprecedented proposals on tech transfer, trade challenges remain -U.S. officials SHANGHAI, March 28 (Reuters) - Shanghai stocks pared most of the early losses on Thursday after Beijing vowed further opening up of its financial sectors and on some progress in the Sino-U.S. trade talks. ** The CSI300 index rose 0.1 percent to 3,746.82 at the end of the morning session, while the Shanghai Composite Index was down 0.3 percent to 3,014.83, after dropping as much as 1 percent. ** There was some relief after a Reuters report said that the United States and China have made progress in all areas under discussion in trade talks, with unprecedented movement on the touchy issue of forced technology transfers. ** China will allow greater market access for foreign Show less Read more
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