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March 20, 2018

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Financial and medical shares climb

SHANGHAI stocks gained yesterday, buoyed by financial-linked shares and medical companies.

The Shanghai Composite Index rose 0.29 percent to close at 3,279.25 points.

Financial-related shares led the gain, with Kunwu Jiuding Investment Holdings Co Ltd jumping 7.27 percent and Ping An Insurance rising by 4.68 percent.

Stocks related to industrial Internet were also among the biggest gainers yesterday.

Baosight Software advanced 3.63 percent and CIG ShangHai Co Ltd added 2.41 percent.

Medical shares such as Wuhan Thalys Medical Technology Inc and Dali Pharmaceutical Co Ltd both increased by over 6 percent, and Joinn Laboratories China Co Ltd hit the maximum daily limit of 10 percent.


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