China stocks close lower as investors grow wary ahead of May data

Stocks in China edged lower on Monday as investors await a flurry of data in coming weeks to assess the health of the economy.

But losses were capped by growing hopes that MSCI will include Chinese shares in its emerging market index in a decision next week, which could spark foreign buying.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.3 percent to 3,178.79, while the Shanghai Composite Index lost 0.2 percent to 2,934.10 points.

Source : Reuters

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