Sluggish Industrial Data Fails to Curb Chinese Stock Indexes' Climb in Morning Trade
Xu Wei
DATE:  Aug 14 2019
/ SOURCE:  yicai

(Yicai Global) Aug. 14 -- China's stock markets rose this morning despite the latest release of lackluster industrial data that shows that Chinese firms are slowing production.

The Shanghai Composite Index edged up 0.8 percent to 2,819.05 by the lunch break. The Shenzhen Component Index advanced 1.2 percent to 9,013.22. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, climbed 1.4 percent to 1,545.84.

In July, China's added value of industrial enterprises above the designated size increased 4.8 percent from the previous year, and the pace of growth was 1.5 percentage points lower than that of June. 

Editor: Emmi Laine 

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