China's Shares Bounce to Higher Close as Chips, Integrated Circuits Rise
Yicai Global
DATE:  Apr 02 2020
/ SOURCE:  yicai

(Yicai Global) April 2 -- China's mainland stock market bounded back to close higher this afternoon, led by microprocessor, photoresist and integrated circuit shares.

The Shanghai Composite Index rose 1.69 percent to 2,780.64 on turnover of CNY233.1 billion (USD3.3 billion), while the Shenzhen Component Index closed up 2.28 percent at 10,179.20 on a volume of CNY364.6 billion, and the ChiNext, which tracks growth enterprises listed in Shenzhen, rose 2.8 percent to 1,916.95 with CNY117.7 billion changing hands.

Northbound funds logged a net CNY5 billion inflow through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects.

Editor: Ben Armour

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Keywords:   China's Stock Market,Chips