Chinese Stocks Start Higher as ChiNext Debuts New IPO System
Xu Wei
DATE:  Aug 24 2020
/ SOURCE:  Yicai
Chinese Stocks Start Higher as ChiNext Debuts New IPO System Chinese Stocks Start Higher as ChiNext Debuts New IPO System

(Yicai Global) Aug. 24 -- China's three major mainland stock indexes all opened higher this morning as the country launched a registration-based initial public offering system for the ChiNext board, inspiring more buying.

The Shanghai Composite Index rose 0.31 percent to 3,391.11. The Shenzhen Component Index advanced 0.65 percent to 13,565.28. The ChiNext, which tracks growth enterprises listed in Shenzhen, opened 0.8 percent higher at 2,653.63.

Editor: Emmi Laine


 

Follow Yicai Global on
Keywords:   Stock Market