Read more about China Stocks rise on stamp duty reduction proposal on Business Standard. However, market gains capped amid Sino-US tension after U.S. President Joe Biden signed an executive order on Thursday that bans U.S. entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology
Read more about China Stocks extend fall on Thursday on Business Standard. At closing bell, the benchmark Shanghai Composite Index fell 0.36%, or 12.93 points, to 3,584.21. The Shenzhen Composite Index, which tracks stocks on China s second exchange, dropped 0.34%, or 8.26 points, to 2,392.64. The blue-chip CSI300 index
The Mainland China share market finished higher for second consecutive session on Tuesday, 01 June 2021, after a private report showed Chinese manufacturing expanded in May.
The Caixin China PMI Manufacturing Index rose to 52 in May from 51.9 for the previous month, signifying the nation s industrial companies were in expansion mode. The report, which surveys smaller enterprises, contrasted with a slight drop in activity in an official manufacturing gauge published by the National Bureau of Statistics a day earlier.
At closing bell, the benchmark Shanghai Composite Index advanced 0.26%, or 9.24 points, to 3,624.71. The Shenzhen Composite Index, which tracks stocks on China s second exchange, added 0.41%, or 9.82 points, to 2,429.57. The blue-chip CSI300 index added 0.2%, or 10.11 points, to 5,341.68.
The Mainland China share market finished for third session in row on Thursday, 29 April 2021, with shares in financials leading rally on upbeat first-quarter earnings and reports that some mutual funds increased their allocation to the sector.
At closing bell, the benchmark Shanghai Composite Index was up 0.52%, or 17.83 points, to 3,474.90. The Shenzhen Composite Index, which tracks stocks on China s second exchange, rose 0.2%, or 4.71 points, to 2,305.65. The blue-chip CSI300 index added 0.88%, or 44.93 points, to 5,164.17.
Banking shares were up after reports that some mutual funds increased their allocation to the sector. Data showed that total market value of mutual fund holdings in banks stood at 123.39 billion yuan ($19.07 billion) at end-March, up by 73.44% from the previous quarter.