China shares halt advance as Apple warns on gross sales goal

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China shares halt advance as Apple warns on gross sales goal

SSEC -0.4%, CSI300 -0.9%, HSI -1.4%, HSCE -1.3%


SSEC -0.4%, CSI300 -0.9%, HSI -1.4%, HSCE -1.3%

Apple might miss gross sales goal after China shutdown

Hong Kong pledges extra spending to deal with epidemic

SHANGHAI/HONG KONG, Feb 18 (Reuters)China shares fell on Tuesday, after tech big Apple AAPL.O flagged it was unlikely to satisfy its quarterly gross sales outlook because the coronavirus outbreak slowed manufacturing and weakened demand within the nation.

** On the noon break, the Shanghai Composite index .SSEC was down 0.4% at 2,972.02 factors, whereas the blue-chip CSI300 index .CSI300 fell 0.9%.

** Within the earlier session, each indexes erased losses from the sharp plunge two weeks in the past, when fears of the coronavirus outbreak worn out $700 billion of market capitalisation.

** CSI300’s monetary sector sub-index .CSI300FS misplaced 1.1%, the patron staples sector .CSI000912 fell 0.7%, the true property index .CSI000952 dropped 2.1% and the healthcare sub-index .CSI300HC was down 0.6%.



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