China Market Closes Higher as Northbound Funds Hit Net Inflow
Liao Shumin
DATE:  Jun 10 2019
/ SOURCE:  yicai

(Yicai Global) June 10 -- China's three benchmark indexes closed higher despite a depressed trading volume of CNY366.7 billion (USD53 billion).

The Shanghai Composite Index rose 0.86 percent to 2852.13 with CNY162.5 billion (USD23.5 billion) changing hands. The Shenzhen Component Index finished 1.48 percent higher at 8711.79 points on a trading volume of CNY204.2 billion. The tech-heavy ChiNext Index climbed 1.08 percent on a turnover of CNY62.7 billion. 

It is noteworthy that the northbound funds from Hong Kong to Shenzhen and Shanghai, considered to be smart money, showed a net inflow of CNY8 billion. 

Editor: William Clegg 

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