Trading Is Tepid in China's Stock Markets, Notwithstanding Better-Than-Expected Economic Data
Xu Wei
/SOURCE : Yicai
Trading Is Tepid in China's Stock Markets, Notwithstanding Better-Than-Expected Economic Data

(Yicai Global) Oct. 16 -- Chinese stock markets traded in a tight range after the release of key figures, though these were rosier than anticipated.

The Shanghai Composite Index plumped 0.02 percent, to 3,391.04 points at 10.00 a.m., after opening at 3,393.21. Shenzhen's Component Index edged to 11,409.8 points, gaining 0.09 percent on 11,401.87 points at the start.

The Growth Enterprise Index tipped down 1,915.02 points, down 0.57 percent, following a 1,920.94 opening.

The consumer price index (CPI) increase 1.6 annual percentage points last month as the producer price index (PPI) climbed 6.9 percent, the China's state statistics bureau reported today.

The CPI added 1.57 percentage points on the same time last year, while PPI swelled 6.37 percent, Yicai Global's latest survey of chief economists shows.

Follow Yicai Global on
Keywords: Shanghai Composite Index , Shenzhen Component Index , Growth Enterprise Index , A-Share