China stocks lower

China stocks ended lower on Friday, capping a listless week, as investors anxiously await the outcome of the Sino-US trade talks being held in Beijing. The blue-chip CSI300 index ended down 0.5 percent at 3,774.60, while the Shanghai Composite Index closed 0.3 percent lower at 3,091.03 points. For the week, the CSI300 index ended 0.5 percent higher, while the Shanghai Composite Index closed up 0.3 percent.
The blue-chip CSI300 index was down, with its financial sector sub-index closed 0.81 percent lower, the consumer staples sector ended down 0.73 percent, the real estate index ended down 0.25 percent and healthcare sub-index closed 1.09 percent higher. The smaller Shenzhen index ended down 0.21 percent and the start-up board ChiNext Composite index was weaker by 0.65 percent.
Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.54 percent, while Japan's Nikkei index closed down 0.16 percent. The largest percentage gainers in the main Shanghai Composite index were Wintime Energy Co Ltd, which closed up 10.23 percent, followed by Shanghai Laimu Electronics Co Ltd, which ended 10.02 percent higher and Jiangyin Jianghua Microelectronics Materials Co Ltd that closed higher by 10.01 percent.
The largest percentage losses in the Shanghai index were Aurora Optoelectronics Co Ltd, which ended down 10 percent, followed by China National Software & Service Co Ltd, which closed 9.9 percent lower and Whirlpool China Co Ltd that closed down by 7.97 percent. So far this year, the Shanghai stock index is down 6.5 percent, the CSI300 has fallen 6.4 percent while China's H-share index listed in Hong Kong is up 1.8 percent. Shanghai stocks have risen 0.29 percent this month.
About 11.87 billion shares were traded on the Shanghai exchange, roughly 75.6 percent of the market's 30-day moving average of 15.70 billion shares a day. The volume in the previous trading session was 14.00 billion. The Shanghai stock index is below its 50-day moving average and below its 200-day moving average. The price-to-earnings ratio of the Shanghai index was 13.33 as of the last full trading day, while the dividend yield was 2.3 percent.