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Hong Kong shares end higher as metal firms gain on stronger demand

Jiangxi Copper, China Nonferrous Mining gain more than 5% SHANGHAI, April 8 (Reuters) - Hong Kong shares ended higher on Thursday after metal firms were lifted by expectations of strong demand for raw materials, as the country ramps up vaccination efforts. At the close of trade, the Hang Seng index was up 1.16% at 29,008.07 points. The Hang Seng China Enterprises index gained 0.35% at 11,109.48. Leading the gains, metal producers such as Jiangxi Copper Co Ltd and China Nonferrous Mining Co Ltd rose 5.4% and 5.2%, respectively. As the economy recovers, sales of automobiles in China in March was expected to increase 66.8% from a year ago, according to China Association of Automobile Manufacture, boosting demand for metals.

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China shares rise as healthcare firms gain on vaccination efforts

China shares rise as healthcare firms gain on vaccination efforts Reuters 1 hr ago Popular Searches Shares in Hainan-based companies jump on govt support SHANGHAI, April 8 (Reuters) - China stocks gained on Thursday, as healthcare shares were boosted by a ramp-up of vaccination efforts in the country amid the emergence of a new cluster of infections. At the midday break, the Shanghai Composite index was up 0.19% at 3,486.19 points, while the blue-chip CSI300 index gained 0.15%. The healthcare sub-index surged 1.45% and the consumer staples sector was up 0.37%, while the real estate index down 1.57%. China reported 24 new COVID-19 cases on April 7, with 11 of the new cases were local infections reported in the southwestern Yunnan province. The country had administered a total of 145.39 million COVID-19 vaccine doses, as of Tuesday. Shares in Chinese real estate developers fell after Beijing said it would push for property tax. Vanke and Gemdale Corp fell 1.8%

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China shares end higher as healthcare firms gain on vaccination efforts

China shares end higher as healthcare firms gain on vaccination efforts
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Hainan haide capital management coNational developmentReform commissionShanghai compositeHainan haide capital managementChinext compositeShanghai newsroomஹைனன் மறை மூலதனம் மேலாண்மை இணைதேசிய வளர்ச்சிசீர்திருத்தம் தரகுஷாங்காய் கலப்புஹைனன் மறை மூலதனம் மேலாண்மைஷாங்காய் செய்தி அறை

China shares rise as healthcare firms gain on vaccination efforts

China shares rise as healthcare firms gain on vaccination efforts
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China s blue-chip index ends lower as healthcare, consumer stocks slip

By Reuters Staff 2 Min Read SHANGHAI, April 6 (Reuters) - China’s blue-chip index retreated on Tuesday, pressured by healthcare and consumer companies, as upbeat economic data raised worries of policy tightening. The blue-chip CSI300 index fell 0.4% to 5,140.34, while the Shanghai Composite Index was flat at 3,482.97. As of last close, the CSI300 had rebounded nearly 6% from a recent trough hit on March 25, while SSEC had gained more than 4% in the same period. Falling the most on Tuesday, the CSI300 healthcare index and CSI300 consumer discretionary index dropped 1.7% and 1.6%, respectively. Recent economic data has been robust, but analysts warn that it could lead to concerns of inflation and policy tightening.

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