empty
 
 

17.08.202602:15:56UTC+00China Stocks Gain as Economic Data Looms

The Shanghai Composite edged up 0.2% to around 3,937 on Monday, while the Shenzhen Component advanced 0.4% to 14,409, as investors positioned themselves ahead of a busy week of economic releases. Markets are awaiting a slate of key indicators — including fixed-asset investment, industrial production, retail sales, the unemployment rate, housing prices, and foreign direct investment — for fresh insight into the strength of China’s economic recovery.

In corporate news, Hygon Information Technology gained 1.4% after posting stronger revenue, net profit, and R&D expenditure. Other notable gainers included BYD (+0.8%), NAURA Technology (+1.1%), and Suzhou Dongshan Precision (+2.5%). On the downside, Kweichow Moutai slid 3.9% after reporting a decline in first-half net profit. Investors also looked ahead to GigaDevice Semiconductor’s earnings report on Tuesday for further signals on demand trends in the semiconductor sector.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback