China stocks retreat as yuan advances

20.01.2021

China shares fell on Tuesday as a resurgence of COVID-19 cases hit market sentiment, with consumer discretionary and materials stocks leading the retreat.

The blue-chip CSI300 index fell 1.5% to 5,437.52, while the Shanghai Composite Index slipped 0.8% to 3,566.38.

The tech-heavy start-up board ChiNext sank 2.1%, while the STAR50 index shed...