Chinese Stocks Decline as Third Plenum Falls Short on Catalysts

-- Chinese stocks fell as the readout from a key conclave of Communist Party officials failed to convince investors about the economy’s new growth impetus and left traders in want of details.The benchmark CSI 300 Index and the Shanghai Composite gauge both slid about 0.7%, after the communique from the Third Plenum offered few initial signs that the top leadership is preparing major steps to boost demand or arrest the property slump.The tech-heavy ChiNext index dropped as much as 0.

A more detailed report is typically issued several days after the conclusion of the Third Plenum. Specific policies taking cues from the meeting are more likely to come from a sit-down of China’s 24-man Politburo later this month. Those declines have pared, helped by flows in a handful of ETFs that the so-called national team is known to favor.New York Mag Cover Of Near-Naked Trump And Biden Sparks BacklashWASHINGTON — A former president is wounded in a shooting, the gunman quickly neutralized, and all of it is caught on camera. But for those who don't believe their eyes, that's just the start of the story.

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