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China stocks pause ahead jobs data, earnings

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breath1 May 3, 2012 (Chinavestor) Chinese stocks took a breather in Asia On Thursday ahead of US jobs report and increasing risk from Europe. Greece's political instability is back in the forefront in Europe making even an orderly exit from the Euro zone uncertain. US jobs and earnings reports move market sentiment in the US, weighing on Asian markets. All said the Hang Seng Index (INDEXHANGSENG:.HSI) fell 59.6 points or 0.3%, trading in a narrow range for most of the day. The Shanghai Composite Index SHA:000001) was in negative territory for most of the day but eked out a small 0.07% gain by the close.

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