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Chinese Stocks End Higher as Energy Companies Gain -- Market Talk

Dow Jones Newswires ·  2021/10/25 03:32

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)

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