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15 Most Valuable Toy Companies in the World
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Fertility, Infant Product Stocks Decline in Hong Kong, Paring Late-Monday Gains
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1st LD-Writethru: Chinese shares gain Tuesday
Xinhua
01 Jun 2021, 20:18 GMT+10
BEIJING, June 1 (Xinhua) Chinese shares extended gains on Tuesday, with stocks related to baby and childcare products soaring. Both the benchmark Shanghai Composite Index and the Shenzhen Component Index inched up 0.26 percent, ending at 3,624.71 points and 15,034.78 points, respectively. The combined turnover of stocks covered by the two indices reached 1.05 trillion yuan (about 165 billion U.S. dollars), surpassing the previous working day s close of 1 trillion yuan. Stocks related to baby and maternal services showed strong performance on Tuesday, buoyed by China s decision on Monday to allow couples to have three children.
Chinese shares gain Tuesday - Buz & Tech News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
SHANGHAI (Reuters) - Shares in Chinese toy makers, diaper producers and infant food companies soared for the second day on Tuesday, as investors piled into stocks seen as benefitting from Beijing s new three-child policy. China s announcement on Monday to allow married couples to have up to three children - from the previous limit of two - also sent brokerage analysts scrambling to recommend stocks, despite a widely-shared perception that the policy shift won t have a sudden impact on the country s declining birth rate. Shares in toy maker Goldlok Holdings (Guangdong) Co jumped to their 10% daily limit for the second day, as did shares in Jinfa Labi Maternity & Baby Articles Co. Other baby-related stocks, including milk powder maker Beingmate Co, baby products maker Shanghai Aiyingshi Co and toddler care equipment maker Ningbo David Medical Device Co also soared. An index tracking the so-called third baby concept stocks, newly compiled by Hithink RoyalFlush Information Network Co, rose