Chinese Stocks End Mixed as Developers, Coal Miners Rebound -- Market Talk
Chinese Stocks End Mixed as Developers, Coal Miners Rebound -- Market Talk
0740 GMT - Chinese stocks finished mixed, as new-energy sector and auto makers declined, while property developers and coal miners rebounded. Solar-panel maker LONGi Green Energy shed 9.0% amid talk that it could face a U.S. import ban due to allegations of forced labor, while electric-car battery maker CATL fell 2.7%. BYD Co. and Great Wall Motor fell 3.5% and 5.4%, respectively. Among gainers, Poly Developments rose 5.6% and Gemdale Corp. advanced 4.3%, while Yanzhou Coal and Shanxi Coking Coal each surged 10%. The Shanghai Composite Index dropped 0.2% to 3498.54, the Shenzhen Composite Index edged 0.1% higher and the ChiNext Price Index lost 0.4%. (clarence.leong@wsj.com)
0740GMT-中國股市收盤漲跌互現，新能源板塊和汽車製造商下跌，而房地產開發商和煤礦股反彈。太陽能電池板製造商龍吉綠色能源(LONGi Green Energy)下跌9.0%，有傳言稱，由於強迫勞動的指控，該公司可能面臨美國的進口禁令，而電動汽車電池製造商CATL下跌2.7%。比亞迪和長城汽車分別下跌3.5%和5.4%。在漲幅中，保利發展(Poly Developments)上漲5.6%，金地集團(Gemdale Corp.)上漲4.3%，兗州煤業(Yan洲Coal)和山西焦煤(山西焦煤)分別上漲10%。上證綜合指數下跌0.2%，至3498.54點，深證綜指小幅上漲0.1%，創業板價格指數下跌0.4%。(clarence.leong@wsj.com)