Chinese Stocks Rise as Banks, Baijiu Makers Gain -- Market Talk
Chinese Stocks Rise as Banks, Baijiu Makers Gain -- Market Talk
0200 GMT - Chinese stocks are higher in early trade with banks and baijiu makers broadly higher. Optimism about Covid-19 treatment developments and a further economic reopening are supporting sentiment even as China's current Covid-19 resurgence and real-estate industry problems remain in focus, IG says. Wuliangye Yibin rises 0.2% and Luzhou Laojiao advances 1.1%. China Merchants Bank is up 0.3%, Industrial Bank is 0.9% and Shanghai Pudong Development Bank rises 0.5%. The Shanghai Compsite Index is 0.2% higher at 3505.54, the Shenzhen Composite Index gains 0.3% to 2425.72 and the ChiNext Price Index rises 0.2% to 3388.08. (yongchang.chin@wsj.com)
0200GMT-中國股市在早盤交易中走高，銀行和白酒製造商普遍走高。IG説，儘管中國目前新冠肺炎的復甦和房地產業問題仍是焦點，但對新冠肺炎治療進展和經濟進一步開放的樂觀情緒仍在支撐市場情緒。五糧液宜賓漲0.2%，瀘州老窖漲1.1%。招商銀行漲0.3%，興業銀行漲0.9%，上海浦東發展銀行漲0.5%。上證綜指上漲0.2%，至3505.54點，深證綜指上漲0.3%，至2425.72點，創業板價格指數上漲0.2%，至3388.08點。(yongchang.chin@wsj.com)