SHANGHAI :
China's Star 50 Rallies to Two-Month High by Noon
Tang Shihua
DATE:  Jan 14 2021
/ SOURCE:  Yicai
China's Star 50 Rallies to Two-Month High by Noon China's Star 50 Rallies to Two-Month High by Noon

(Yicai Global) Jan. 14 -- China's mainland stock markets walked back some of their losses by midday as investor confidence recovered after promising trade data releases. Shanghai's Star 50 even jumped to a two-month high.

The Star Market Board 50 Index gained 4.28 percent to 1,467.65 by the lunch break.

But others were still showing signs of weakness. The Shanghai Composite Index was down 0.29 percent to 3,584.93. The Shenzhen Component Index fell 0.82 percent to 15,239.61. Shenzhen's ChiNext Price Index slid 0.37 percent to 3,118.71. Both Shenzhen indexes lost more than 2 percent earlier in the morning.

China's trade surplus jumped by 27 percent to USD535 billion in 2020 from a year ago, the highest since 2015, according to fresh customs data.

Editor: Emmi Laine

 

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Keywords:   Stock Market,Market Middday