China’s equities and currency extended losses on Monday after a rocky start to the year, as weak economic data and geopolitical uncertainty ahead of Donald Trump’s inauguration hit investor sentiment in Asia’s largest economy.
Mainland China’s benchmark CSI 300 index edged down 0.2 per cent on Monday and has declined 4.3 per cent in the first three trading days of the year, marking the worst start to 2025 among major Asian indices.
Small-cap Chinese stocks on the CSI 2000 have fallen 6.3 per cent since the start of the year after a disappointing 2024. Hong Kong’s Hang Seng index shed 0.4 per cent on Monday and is down 1.9 per cent so far this year.
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