China's Stock Markets Open Mixed After Gains Driven by GDP Growth
Xu Wei
DATE:  Jan 19 2021
/ SOURCE:  Yicai
China's Stock Markets Open Mixed After Gains Driven by GDP Growth China's Stock Markets Open Mixed After Gains Driven by GDP Growth

(Yicai Global) Jan. 19 -- China's mainland stock markets opened mixed today after yesterday's jumps due to fresh economic data that proved that the country is quickly recovering from the impacts of Covid-19.

The Shanghai Composite Index opened at 3,596.36, unchanged from yesterday. The Star Market Board 50 Index rose 0.28 percent to 1,485.46.

The Shenzhen Component Index climbed 0.06 percent to 15,278.53. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, fell 0.09 percent to 3146.27.

The markets surged yesterday after the country released its gross domestic growth figure for 2020. The GDP climbed by 2.3 percent to CNY101.6 trillion (USD15.7 trillion), breaking through the key level of CNY100 trillion for the first time, the National Bureau of Statistics revealed.

Editor: Emmi Laine
 

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Keywords:   Stock,Open