Cloud Computing Dodges Decline as China's Stock Markets End Morning Lower
Xu Wei
DATE:  Feb 07 2020
/ SOURCE:  yicai

(Yicai Global) Feb. 7 -- Shares in China's cloud computing sector leaped 3 percent on average in today's morning session, though all three of the major benchmarks went lower into lunch following a three-day rally from a near 9 percent loss when markets re-opened on Feb. 3 after an extended Chinese New Year holiday.

The Shanghai Composite Index went into lunch down 0.59 percent at 2,849.51, while the Shenzhen Component Index fell 0.87 percent to 10,508.69. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, slipped 0.82 percent to 1,995.80. 

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