FXStreet (Mumbai) - European stocks are expected to kick-off this week on a bearish note, tracking the poor performance on China stocks. Towards closing hours, the Chinese benchmark index, the Shanghai Composite is losing -4%, while the Shenzhen’s CSI 300 index is down -3%. Hong Kong’s Hang Seng is seen recouping sharp losses and tries to regain 20k mark, still down -2.22%. Meanwhile, Reuters reports that financial bookmakers are seeing FTSE opening down 21-30 points, DAX down 134-155 pts, CAC down 42-54 pts, Pre-European open, the DAX index futures are trading marginally lower at 9,739 points, the UK’s FTSE futures are higher by 0.38% and the French CAC futures are losing -0.27% to 4,296 points. For more information, read our latest forex news.