China: Stocks decline as hopes for policy easing fade

China stocks slipped on Wednesday, pulled down by financial shares amid receding expectations of aggressive monetary easing, while property shares also declined.

The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, fell 0.4 per cent, to 3,329.86 points. The Shanghai Composite Index lost 0.1 per cent, to 3,085.88 points.

China's central bank on Wednesday injected cash into money markets through 14-day reverse repurchase agreements for the first time since February, and traders said the prospect of more liquidity injections trimmed expectations of further aggressive monetary easing.

The property shares finished lower with subindex losing 1.55 per cent. China Vanke Co was among the top losers, which dropped 2.87 per cent.

The financial subindex was down 0.73 per cent.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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Epic Research Singapore : WhatsApp News Update

The mobile messaging service that agreed to be acquired last week by Facebook Inc. for $19 billion, said Monday that it would offer voice calling as early as April, allowing free phone calls among WhatsApp's 465 million use.

He said that WhatsApp would first release a version of the voice service for Apple Inc.'s iPhone and Google Inc.'s Android platforms, followed by services for Microsoft Corp.'s Windows Phone, as well as some phones by BlackBerry Ltd. and Nokia Corp.

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Epic Research Singapore : What’s up with Facebook’s News Update

Investors and pundits from Wall Street to Silicon Valley were stunned on Wednesday afternoon after Facebook said it was paying a total of $16 billion in combined cash and stock for WhatsApp, an Internet-based mobile texting app that circumvents the SMS messaging services operated by the telcos and has more than 450 million users around the world.

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