Chinese Shares End Lower, Weighed by Software, Consumer Services Stocks

China’s benchmarks ended lower, weighed by software and consumer service stocks, and as Morgan Stanley downgraded Chinese equities to a slight underweight from equalweight, saying earnings, forex, geopolitical risks and domestic policy are likely to weigh into 2025.

China’s benchmarks ended lower, weighed by software and consumer service stocks, and as Morgan Stanley downgraded Chinese equities to a slight underweight from equalweight, saying earnings, forex, geopolitical risks and domestic policy are likely to weigh into 2025.