Chinese Shares Close Up With Army Suppliers' Momentum
Zhang Yushuo
DATE:  Sep 29 2020
/ SOURCE:  Yicai
 Chinese Shares Close Up With Army Suppliers' Momentum Chinese Shares Close Up With Army Suppliers' Momentum

(Yicai Global) Sept. 29 -- China's mainland stock markets closed higher today while military suppliers held onto their momentum through the day.

The Shanghai Composite Index rose 0.21 percent to 3,224.36. The Shenzhen Component Index gained 1.1 percent to 12,900.70. The ChiNext, which tracks growth enterprises, climbed 1.67 percent to 2,563.38.

Rocket and radar equipment maker Xinyu Guoke Technology [SHE: 300722] soared by the upper limit of 20 percent and aviation equipment manufacturer Andawell Science & Technology [SHE: 300719] finished 17.3 percent up.

Banking, coal, insurance, brokerages, and property developers were performing poorly today.

Editor: Emmi Laine

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Keywords:   China stock market,Shanghai Composite Index,Shenzhen Component Index,ChiNext