China��s stock-index futures fell before the release of foreign direct investment data.
Futures on the CSI 300 Index expiring in June slid 0.3 percent to 2,184.40 of 9:15 a.m. Foreign direct investment may have gained 3.2 percent in May from a year earlier, according to median estimate from a survey of five analysts, slowing from 3.4 percent in April.
The Shanghai Composite rose 0.7 percent to 2,085.98 yesterday, the highest level since April 18. The gauge has rebounded in the past week as the central bank extended a reserve-requirement cut to more lenders. Officials are trying to support growth without unleashing broader stimulus.
The Hang Seng China Enterprises Index in Hong Kong added 0.1 percent to 10,522.13. The CSI 300 Index advanced 0.7 percent. The Bloomberg China-US Equity Index rose 0.1 percent.
Borrowers from China had $14.2 trillion in debt at the end of last year, exceeding every other country including the U.S., which had $13.1 trillion in company obligations, according to a report dated June 15 by Standard & Poor��s. Needs of Chinese issuers will increase to $20 trillion through the end of 2018, a third of the $60 trillion in global funding needs.
Source : Bloomberg