Foreign investors aren't very interested in Chinese stocks due to the lack of clarity in company filings, says Andrew Collier of Orient Capital Research.
Profit growth in China's industrial sector picked up in October, suggesting the world's second-largest economy strengthened.
The dollar retreated against its major currency peers, a pullback in U.S. bond yields spurring some profit-taking.
China's central bank will wait for the Fed's December meeting before considering yuan intervention, according to Hao Zhou of Commerzbank.
A yuan drop to 7 to the dollar may not be far off, according to HSBC's Herald van der Linde.
The dollar climbed past more of last year's peaks against the euro, pushing towards the parity that banks are saying is on the cards.
Official data indicate China has steadily sold U.S. Treasurys this year.
The dollar rose to around a 13-1/2-year peak on Wednesday after stronger-than-expected U.S. economic data.
It's more important to focus on the stable yuan currency basket than the dollar/yuan rate, says StanChart Private Bank's Clive McDonnell.
The dollar resumed its uptrend on Tuesday, helped by a surge in U.S. existing home sales last month.
The dollar fell Monday after rising 10 straight days as investors consolidated gains fueled by the election of a new Republican president.
Launching the Shenzhen Connect now could exacerbate volumes of capital outflow from China, says CMB International Securities' Daniel So.
Delays in the Shenzhen Connect launch are linked to capital flight worries on the back of a weaker yuan, says Huarong International Securities' Jackson Wong.
Goldman Sachs has six trades to capitalize on its forecast for faster economic growth and a stronger dollar, coupled with more uncertainty.
Haitong International Securities Group's Kevin Leung talks about the Shenzhen Connect and his expectations for the weakening Chinese yuan.
The dollar rose on Friday as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency.
The dollar fell back on Thursday, hit by speculation U.S. Fed chief Janet Yellen will express concern over recent highs.
The dollar climbed Wednesday, even as analysts cautioned the it's vulnerable to a letdown.
The dollar held near an 11-month high Tuesday as some stability returned to the U.S. bond market following a vicious sell-off.
China's currency fell to nearly eight-year lows against the dollar on Tuesday as a surge in the greenback continued to weigh on the yuan.