Chinese Shares See Flat Trade Amid Weak Retail Data, Lower Home Prices
I'm PortAI, I can summarize articles.
Chinese shares remained flat on Monday, with the Shanghai Composite Index slightly up by 0.12 points to 3,367.58, while the Shenzhen Component Index fell by 8.51 points to 10,171.09. Retail sales grew by 5.1% year-over-year, below the expected 5.5%, and new home prices dropped 4% annually. Property investment decreased by 10.3%, and sales by floor area fell by 2.8%. In company news, GuangDong Taili Technology shares surged 218% on their debut, while Shandong Weigao Blood Purification shares rose 56% on their first trading day.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading View The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments