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China stocks lack direction Dec 20

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NASDAQ_1 December 20, 2011 (Chinavestor) China stocks gave up early morning gains by the afternoon as outlook in Europe remained uncertain. The Hang Seng Index (INDEXHANGSENG:.HSI) ended10.0 points or 0.1% higher for the day while the Shanghai Composite Index (SHA:000001) shed just as much. Investors worry about slower demand for Chinese goods in Europe which is the largest trading partner of China.

To read more about how Europe effects Chinese stocks, read our December Newsletter: Europe keeps China stocks hostage.
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