China stock abandons gains as industry growth loses strength

12.08.2019

China stocks reversed earlier gains to fall on Friday, posting their biggest weekly decline since early May, as weak factory data and lingering trade worries weighed.

The blue-chip CSI300 index fell 1.0%, to 3,633.53, while the Shanghai Composite Index slid 0.7% to 2,774.75.

For the week, CSI300 was down 3%, while SSEC...