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Chinese stocks are lower across the....>

CHINA STOCKS
CHINA STOCKS: Chinese stocks are lower across the board as the outlook over the
past 24 hours has deteriorated significantly. The Shenzhen composite is leading
the decline, shedding 2% on the day, resuming its broader bearish trend. 
- The CSI300's false break above the 3200 level yesterday has turned the outlook
neutral, with bulls needing a close above here to reignite the uptrend. 
- For the Hang Seng, prior range highs around 27300 are now acting as support as
the index edged down 0.65%.
- The Chinext is down another 1.5% as it breaks below short term range lows,
with comments from policymakers reiterating their support for SMEs and their aim
to cut the negative list for inward investment failing to provide any relief.
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