China Equities Dip for 3rd Session

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The Shanghai Composite lost 14 points or 0.3% to 3,958 in early deals on Tuesday, while the Shenzhen Component fell slightly to 13,188.
Both indexes fell for the third straight session as the Taiwan Strait row deepened, with Beijing ruling out talks with Tokyo at the upcoming G20 summit in South Africa.
Most sectors were lower amid caution ahead of China's monthly key lending rate fixing later this week, following the PBoC's decision to hold rates at record lows in October.
Weakness in U.S. markets also weighed, reflecting concern ahead of Nvidia's earnings amid lofty AI valuations, alongside uncertainty over the Fed's interest rate path as Vice Chair Philip Jefferson flagged downside risks to the labor market.
Notable laggards included Agricultural Bank of China (-1.8%), Foxconn Industrial Internet (-1.4%), and Luxshare Precision Industry (-1.1%).
In contrast, Cambricon Technology (1.8%), Hygon Information Technology (1.0%), and Kweichow Moutai (0.8%) posted gains.

Sumber : tradingview.com

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