U.S. Markets closed

[$$] Chinese markets choppy as trade talks resume in Beijing

Alice Woodhouse in Hong Kong

Chinese stocks started the week in negative territory and the onshore renminbi lost ground after returning from a five-day break and as US-China trade negotiations began in Beijing. Chinese stocks returned opened lower on the return from the lunar new year break. The Hang Seng index in Hong Kong was down 0.2 per cent as financial stocks slipped 0.3 per cent and the technology sector fell 0.1 per cent. The Hang Seng China Enterprises index was down 0.3 per cent. In Australia, the S&P/ASX 200 was down 0.5 per cent as the financials sector shed 1.2 per cent as the country’s four major banks all retreated.