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Stock impact report

Chinese Stocks Slide on Disappointing Fiscal Plan, Weak Data [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration The CSI 300 Index was down 0.4% as of 9:40 a.m. local time, while a gauge of Chinese stocks trading in Hong Kong dropped more than 2%. Both gauges trimmed bigger losses seen at the open. The declines followed a 4.7% tumble in the Nasdaq Golden Dragon China Index in the US on Friday. Investors had pinned their hopes on the Standing Committee meeting of the National People's Congress to offer fresh catalysts for the stock market, especially after Donald Trump's presidential victory injected fresh uncertainty over tariffs. Beijing announced a 10 trillion yuan ($1.4 trillion) program to help local governments tackle their hidden debt on Friday but stopped short of providing new stimulus to bolster consumpti Show less Read more
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