Chinese equity markets underperformed as.....>

STOCKS: Chinese equity markets underperformed as the country's state planner

announced further targeted stimulus measures that disappointed investor,

although perhaps it is more the idea that further stimulative measures may point

to a drawn out trade war that weighed on the country's benchmark indices.

- There was also a BBG summary piece which noted that "if the U.S. doesn't make

any new moves that truly show sincerity, then it is meaningless for its

officials to come to China and have trade talks, according to Taoran Notes, a

WeChat blog run by state-owned Economic Daily. The article was later carried by

state-run Xinhua News Agency and the People's Daily, the Communist Party's

mouthpiece." The story gave the move lower fresh impetus, and saw the remainder

of the major regional indices off best levels, with U.S. equity index futures

moving into negative territory as a result. The Nikkei 225 & ASX 200 managed to

remain in the green, after taking the positive lead from the Wall St. session in

early trade.

- Nikkei 225 +1.1%, Hang Seng -0.8%, CSI 300 -1.8%, ASX 200 +0.7%.

- S&P 500 futures -6, DJIA futures -44, NASDAQ 100 futures -20.