(Yicai Global) Jan. 7 – China’s mainland stock markets have closed higher for six straight trading days while today shares related to lithium, automobile, steel, animal breeding, and military equipment were leading the group of gainers.
The Shanghai Composite Index closed 0.71 percent up at 3,576.20. The Shenzhen Component Index climbed 1.11 percent to 15,356.40. The ChiNext, which tracks growth enterprises listed in Shenzhen, surged 1.52 percent to 3,162.40.
Cold chain logistics, cybersecurity, and fifth-generation wireless firms were the worst-performing stocks today.
This week, the two mainland bourses have maintained a combined daily trading volume exceeding CNY1 trillion (USD154.9 billion) for four straight days. Meanwhile, some CNY3.3 billion (USD511 million) in overseas capital inflows have entered the mainland via the two Hong Kong stock connect schemes.
Editor: Emmi Laine