Chinese Stocks End Mixed as Airlines, Tourism Shares Weaken -- Market Talk
Chinese Stocks End Mixed as Airlines, Tourism Shares Weaken -- Market Talk
0726 GMT - Chinese stocks finished mixed as concerns about the Omicron variant of the coronavirus weighed on travel and tourism-related sectors, offsetting gains among liquor makers. Air China, China Southern Airlines and China Eastern Airlines lost 2.5%-3.7%, while China Tourism Group Duty Free fell 3.8%. Shipping companies advanced amid the prospect of continued disruptions to supply chains and elevated freight rates. Cosco Shipping Holdings surged 10%. Among liquor makers, index heavyweight Kweichow Moutai added 2.3% and Wuliangye Yibin was 0.8% higher. The Shanghai Composite Index was flat at 3562.70, the Shenzhen Composite Index added 0.4% and the ChiNext Price Index was 1.0% higher. (clarence.leong@wsj.com)
0726GMT-中国股市收盘涨跌互现，对冠状病毒Omicron变种的担忧拖累了旅游和旅游相关板块，抵消了白酒制造商的涨幅。中国国航、中国南方航空股份和东方航空下跌2.5%-3.7%，中国旅游集团免税下跌3.8%。在供应链持续中断和运费上涨的前景下，航运公司取得了进展。中远海控大涨10%.在白酒制造商中，指数权重股贵州茅台上涨2.3%，五粮液宜宾上涨0.8%。上证综指持平于3562.70点，深证综指上涨0.4%，创业板价格指数上涨1.0%。(clarence.leong@wsj.com)