Chinese stocks are flashing red, ignoring gains in other Asian indices. China industrial profits growth slowed for a fifth straight month in September. Chinese stocks are flashing red Monday as data released over the weekend showed a slowdown in the domestic demand in the world’s second-biggest economy. At press time, the Shanghai Composite index is down 38 points or 1.47 percent at 2,560. Industrial profits rose 4.1 percent in September from a year earlier to CNY 545.5 billion ($78.57 billion), the National Statistics Bureau (NBS) said on Saturday. That was the weakest pace since February 2016. The details of the report show sales of raw materials and manufactured goods declined, pointing to slowing domestic demand in the world’s second-biggest economy, according to Reuters. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Moody’s on Japan: Beyond 2019, the growth rate will likely remain below potential of 1% FX Street 4 years Chinese stocks are flashing red, ignoring gains in other Asian indices. China industrial profits growth slowed for a fifth straight month in September. Chinese stocks are flashing red Monday as data released over the weekend showed a slowdown in the domestic demand in the world's second-biggest economy. At press time, the Shanghai Composite index is down 38 points or 1.47 percent at 2,560. Industrial profits rose 4.1 percent in September from a year earlier to CNY 545.5 billion ($78.57 billion), the National Statistics Bureau (NBS) said on Saturday. That was the weakest pace since February 2016. The details of the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
