Related News
Strong HSBC flash PMI figures send stocks to end at 2-week high
Print Edition
China stocks gained the most in two weeks yesterday after a survey showed manufacturing activity in the country strengthened in September.
The key Shanghai Composite Index rose 1.33 percent to end at 2,221.04.
The HSBC flash China Manufacturing Purchasing Managers’ Index, which studies operating conditions at private and export-oriented industrial companies, rose to a six-month high of 51.2 in September from 50.1 in August. The latest figure signaled a rebound in the world’s second-largest economy. A reading above 50 means expansion.
The HSBC report showed output, new orders, export deals and prices rose faster in September.
Stocks seen to gain potentially from the pilot free trade zone in Shanghai continued their rally. Both Shanghai Lujiazui Finance and Trade Zone Development Co and Shanghai Waigaoqiao Free Trade Zone Development Co jumped by the maximum limit of 10 percent.
The Inner Mongolia Yili Industrial Group gained 3.18 percent to 41.27 yuan after a media report said the company is among leading Chinese milk powder makers which may benefit from a government plan to pump in 30 billion yuan (US$4.9 billion) to help the industry consolidate.
Wind turbine makers also powered ahead, with Sinovel Wind Group Co and Goldwind Science and Technology Co both up by the 10 percent limit.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
