Chinese stocks are mixed in morning trade despite gains in most regional equities after a rebound in the U.S. market overnight.
The benchmark $SSE Composite Index(000001.SH)$ adds 0.2% to 3569.78 and the $Shenzhen Component Index(399001.SZ)$ is up 0.2% at 2498.30. The ChiNext Price Index sheds 0.3% to 3549.73 after posting its biggest percentage increase in a week on Wednesday.
China Fortune Securities reckons the market's recovery outlook remains uncertain. While Wednesday's gains showed signs of improvement from recent rangebound trading patterns, several individual stocks plummeted toward the end of the session, indicating downside risks, the brokerage notes. (yifan.wang@wsj.com)
(END) Dow Jones Newswires
July 21, 2021 22:14 ET (02:14 GMT)
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