China shares slip as soft growth target deflates investor hopes

Markets await more details on stimulus, key government appointments

20230306.Stocks.JPG

China dropping its zero-COVID policy sparked a monthslong rally as foreign investors bet on an economic rebound.  © Reuters

ECHO WONG, Nikkei staff writer

HONG KONG -- Mainland China and Hong Kong shares slipped on Monday after Beijing announced a modest economic growth target for the year and gave few details on stimulus for the hard-hit property market and other key sectors.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.