Chinese stocks close lower as cautious tones linger for now ...Middle East

And that is thanks to Beijing disappointing markets once again with a failure to live up to stimulus announcements. It was the case right after the Golden Week holiday and it was the case again on Friday last week. With the drop today, the CSI 300 index closes down by 1.7% to post its lowest close this week.It's been a rather back and forth last few days but the feeling is that there are hints of exhaustion when it comes to Chinese equities at the moment. That especially since Beijing has not followed up on the rallying momentum prior to the Golden Week holiday.In the bigger picture, China is a very, very attractive opportunity as valuations are cheap and price levels are low at the moment.

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Chinese stocks close lower as cautious tones linger for now ...Middle East

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