empty
 
 

08.01.202602:56:18UTC+00China Stocks Stall After Strong Rally

On Thursday, the Shanghai Composite index fell by 0.5% to reach 4,084, while the Shenzhen Component saw a decline of 0.15%, settling at 14,011. This dip marks a pause in the robust rally that had recently propelled these benchmark indexes to multi-year peaks. At the year's outset, Chinese equities outpaced others, driven by enthusiasm surrounding China's progress in artificial intelligence and other high-tech industries, alongside anticipated further policy support. Trading volumes at the beginning of the year far surpassed the five-year daily average of 1.13 trillion yuan, signifying strong investor involvement and suggesting potential for continued growth. The technology sector led the day's decline, with notable pullbacks from companies like Zhongji Innolight (-2.9%), Luxshare Precision (-3.7%), Eoptolink Technology (-1.9%), East Money Information (-2.1%), and Foxconn Industrial (-1.7%).

  • 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 $10000 more!
    In January we raffle $10000 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


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback