China Stock-Index Futures Fall as Bad Loans Rise Most Since 2005China��s stock-index futures fell as the biggest quarterly increase in banks�� bad loans since 2005 spurred concern the slowdown in the world��s second-largest economy is deepening.

Futures on the CSI 300 Index expiring in June, the most active contract, lost 0.1 percent to 2,134.20 as of 9:19 a.m. local time. Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., the biggest lenders, may move. Nonperforming loans rose by 54 billion yuan ($8.7 billion) in the three months through March to 646.1 billion yuan, the highest level since September 2008, according to data released by the China Banking Regulatory Commission yesterday.

The Shanghai Composite Index dropped 1.1 percent to 2,024.97 yesterday. The ChiNext index, which is dominated by private companies in industries such as technology, fell 1.9 percent, extending losses to 19.6 percent since the February peak.

The Shanghai measure has lost 4.3 percent this year on concern the growth slowdown will curb earnings and the potential resumption of initial public offerings will divert funds.

China��s commerce ministry is expected to publish April foreign direct investment data at 10 a.m. Data on industrial output, retail sales and investment for April released this week all trailed analysts�� estimates. President Xi Jinping said last week that the nation needs to adapt to a œnew normal in the pace of economic growth.

Source : Bloomberg