Chinese Growth Stocks Climb; Liquor, Finance Firms Slide in Afternoon
Xu Wei
DATE:  Nov 13 2020
/ SOURCE:  Yicai
Chinese Growth Stocks Climb; Liquor, Finance Firms Slide in Afternoon Chinese Growth Stocks Climb; Liquor, Finance Firms Slide in Afternoon

(Yicai Global) Nov. 13 -- Growth and technology stocks surged on China's mainland stock markets today while financial companies' and liquor makers' shares dived after a week of declines.

The Shanghai Composite Index ended at 3,310.10, down 0.86 percent. It has fallen 0.06 percent this week. The Shenzhen Component Index closed 0.27 percent lower at 13,754.55, a decline of 0.61 percent for the week.

The Star 50 Index, which tracks tech stocks on Shanghai’s Nasdaq-style Star Market, rose 1.67 percent to 1,436.89 today. However, it slid 0.32 percent this week. Shenzhen's ChiNext Price Index edged up 0.23 percent to 2,706.81 but it has still erased 0.96 percent over the past five trading days.

Editor: Emmi Laine

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Keywords:   Stock,Closed