SHANGHAI :
Ant Group's IPO Plans Lead Chinese Stocks to Climb in Morning
Xu Wei
DATE:  Jul 21 2020
/ SOURCE:  Yicai
Ant Group's IPO Plans Lead Chinese Stocks to Climb in Morning Ant Group's IPO Plans Lead Chinese Stocks to Climb in Morning

(Yicai Global) July 21 -- China's mainland stock markets rose slightly in the morning session while shares related to Ant Group soared after the fintech unicorn said that it intends to go public in Shanghai and Hong Kong.

The Shanghai Composite Index climbed 0.07 percent to 3,316.56 by the lunch break. The Shenzhen Component Index rose 0.21 percent to 13,477.04. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, edged up 0.76 percent to 2,717.85.

Hefei-based Urban Construction Development [SHE: 002208], Hunan province's Copote Science Technology [SHA: 600476], and Youon Technology [SHA: 603776] all rose by the daily limit of 10 percent today.

Editor: Emmi Laine

Follow Yicai Global on
Keywords:   Stcok Markets,Stock,Closed