China’s Shares Close up as Home Appliances Rebound
Zhang Yushuo
DATE:  Jun 09 2020
/ SOURCE:  Yicai

(Yicai Global) June 9 -- China’s mainland stock markets closed up as household appliance makers resurged in the afternoon.

The Shanghai Composite Index was up 0.62 percent at 2,956.11, with turnover of CNY251.4 billion (USD35.5 billion), while the Shenzhen Component Index rose 0.61 percent to 11,284.24 om a trading volume of CNY368.9 billion. The ChiNext, which tracks growth enterprises listed in Shenzhen, closed up 1.30 percent at 2,181.59 with CNY126.4 billion changing hands.

Shares associated with Fentanyl- and TikTok parent Bytedance Technology rallied throughout the day, while Hainan development stocks were among biggest losers as the southern island province’s new-found luster as a province-wide free-trade zone dulled.

Editor: Ben Armour

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Keywords:   China stock market