China stocks end higher as investors eye fresh stimulus


HONG KONG: China shares ended firmer on Thursday as investors anticipated further policy support from the ongoing Chinese parliamentary meeting, but gains were curbed amid a standoff between Washington and Beijing over a new Hong Kong security law.

At the close, the Shanghai Composite index ended up 0.3% at 2,846.22.

The blue-chip CSI300 index was up 0.3%, with its financial sector sub-index higher by 1.3%, the consumer staples sector down 0.1%, the real estate index up 0.6% and the healthcare sub-index down 1.5%.

The smaller Shenzhen index closed 0.3% lower and the start-up board ChiNext Composite index was weaker by 0.8%.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Shanghai Composite index , CSI300

   

Next In Business

Federal Court rules in SC’s favour, Ricky Wong’s leave application dismissed
Regional expansion to bode well for CTOS
Miti: Semiconductor industry offers Malaysia chance for exponential growth
Ringgit slightly higher at the close
Awantec to strengthen its synergistic offerings to drive growth
Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion
Sapura Energy gets US$1.8bil worth of PLSV-related contracts
OCK enters tower leasing agreement, marks debut into Laos
AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme
FBM KLCI soars above 1,600, highest in over two years

Others Also Read