Chinese Stocks End Higher as Energy Companies Gain -- Market Talk
Chinese Stocks End Higher as Energy Companies Gain -- Market Talk
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)
0724GMT-中国股市收盘走高，能源类股在能源大宗商品价格居高不下上涨，而与消费相关的公司下跌。上证综合指数上涨0.8%，收于3609.86点，深证综指上涨0.9%，收于2433.22点，创业板价格指数上涨1.6%，收于3338.62点。能源公司中国神华上涨3.3%，深圳能源上涨1.0%，龙基绿色能源科技上涨4.0%。IG表示，由于担心新冠肺炎在中国11个省份死灰复燃，消费者相关公司股价下跌。贵州茅台下跌1.5%，宜宾五粮液下跌2.1%，中国旅游集团免税下跌1.7%。(yongchang.chin@wsj.com)