Mainland stocks are down ~1% while.....>

CHINA STOCKS: Mainland stocks are down ~1% while the Hang Seng has shed almost

2% as expectations of a successful US-China trade agreement continue to decline

following the arrest of Huawei CFO on Sunday which further complicated the

delicate relationship. 

- The 3130 area on the CSI looks key and a break below here would open a return

the focus to the Sep 19 lows just above 3000. On the HSI, the uptrend from the

Oct lows has given way returning the focus to the downside. 

- The yuan is holding up relatively well in the face of such equity weakness,

with the pair trading at daily lows of 6.8890 as broad-based dollar weakness

weighs.