Chinese Stocks End Higher as Energy Companies Gain -- Market Talk
Chinese Stocks End Higher as Energy Companies Gain -- Market Talk
0724 GMT - Chinese stocks ended higher, with energy companies rising amid high energy-commodity prices while consumer-related companies fell. The Shanghai Composite Index rose 0.8% to end at 3609.86, the Shenzhen Composite Index gained 0.9% to 2433.22 and the ChiNext Price Index advanced 1.6% to 3338.62. Energy company China Shenhua Energy was 3.3% higher, Shenzhen Energy added 1.0% and LONGi Green Energy Technology advanced 4.0%. Consumer-related companies declined amid concerns over a resurgence of Covid-19 in 11 of China's provinces, IG said. Kweichow Moutai lost 1.5%, Wuliangye Yibin dropped 2.1% and China Tourism Group Duty Free fell 1.7%. (yongchang.chin@wsj.com)
0724GMT-中國股市收盤走高，能源類股在能源大宗商品價格居高不下上漲，而與消費相關的公司下跌。上證綜合指數上漲0.8%，收於3609.86點，深證綜指上漲0.9%，收於2433.22點，創業板價格指數上漲1.6%，收於3338.62點。能源公司中國神華上漲3.3%，深圳能源上漲1.0%，龍基綠色能源科技上漲4.0%。IG表示，由於擔心新冠肺炎在中國11個省份死灰復燃，消費者相關公司股價下跌。貴州茅台下跌1.5%，宜賓五糧液下跌2.1%，中國旅遊集團免税下跌1.7%。(yongchang.chin@wsj.com)
