share_log

Chinese Stocks Rise; Lithium Producers, Airlines Lead Gains -- Market Talk

Dow Jones Newswires ·  Nov 8, 2021 16:40

0739 GMT - Chinese stocks finished the session higher, as lithium producers and airlines led gains, while the healthcare sector weakened. Ganfeng Lithium jumped 7.9% and Zijin Mining was 3.2% higher, while electric-car battery maker CATL added 4.2%. Air China advanced 8.4% and China Southern Airlines gained 6.8%. Covid-19 vaccine maker CanSino Biologics dived 10% to an all-time closing low after Pfizer said its Covid-19 pill was 89% effective in a preliminary assessment. Shenzhen Mindray Bio-Medical shed 6.1% and Jiangsu Hengrui Medicine slumped 4.2%. The Shanghai Composite Index climbed 0.2% to 3498.63, the Shenzhen Composite Index rose 0.5% and the ChiNext Price Index was up 0.8%. (clarence.leong@wsj.com)

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment