The blue-chip CSI300 index rose 0.9 per cent, to 3,909.29, while the Shanghai Composite Index rose 0.3 per cent to 3,174.03 points.
US President Donald Trump pledged to help ZTE Corp "get back into business," potentially reversing earlier sanctions against the Chinese telecom company.
The CSI300 financial sector sub-index was higher by 0.79 per cent, the consumer staples sector up 2.81 per cent, the real estate index up 0.09 per cent and healthcare sub-index up 0.88 per cent.
The smaller Shenzhen index ended down 0.1 per cent and the start-up board ChiNext Composite index was weaker by 0.21 per cent.
Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.48 per cent, while Japan's Nikkei index closed up 0.47 per cent .
The smaller Shenzhen index ended down 0.1 per cent and the start-up board ChiNext Composite index was weaker by 0.21 per cent.
Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.48 per cent, while Japan's Nikkei index closed up 0.47 per cent .
At 07:12 GMT, the yuan was quoted at 6.3387 per US dollar, 0.1 per cent weaker than the previous close of 6.3323.
The largest per centage gainers in the main Shanghai Composite index were Henan Ancai Hi-tech Co Ltd up 10.04 per cent, followed by Changzhou Shenli Electrical Machine Incorporated Co gaining 10.03 per cent and Zhejiang Dibay Electric Co Ltd up by 10.02 per cent.
The largest per centage gainers in the main Shanghai Composite index were Henan Ancai Hi-tech Co Ltd up 10.04 per cent, followed by Changzhou Shenli Electrical Machine Incorporated Co gaining 10.03 per cent and Zhejiang Dibay Electric Co Ltd up by 10.02 per cent.
The largest per centage losers in the Shanghai index were Qingdao Copton Technology Co Ltd down 10.02 per cent, followed by HangZhou Nbond Nonwovens Co Ltd losing 10.01 per cent and Suzhou Xingye Materials Technology Co Ltd down by 10.01 per cent.
So far this year, the Shanghai stock index is down 4 per cent, the CSI300 has fallen 3 per cent, while China's H-share index listed in Hong Kong is up 7.1 per cent. Shanghai stocks have risen 2.98 per cent this month.
So far this year, the Shanghai stock index is down 4 per cent, the CSI300 has fallen 3 per cent, while China's H-share index listed in Hong Kong is up 7.1 per cent. Shanghai stocks have risen 2.98 per cent this month.
About 12.93 billion shares were traded on the Shanghai exchange, roughly 87.4 per cent of the market's 30-day moving average of 14.81 billion shares a day. The volume in the previous trading session was 13.07 billion shares.
As of 07:13 GMT, China's A-shares were trading at a premium of 21.17 per cent over the Hong Kong-listed H-shares.
The Shanghai stock index is below its 50-day moving average and below its 200-day moving average.
As of 07:13 GMT, China's A-shares were trading at a premium of 21.17 per cent over the Hong Kong-listed H-shares.
The Shanghai stock index is below its 50-day moving average and below its 200-day moving average.
BY: SHIVANSH BHASIN
INTRADAY GUIDE
9761599244
No comments:
Post a Comment