Business · Markets · 16 hrs ago

China’s A-share market opens higher, with more than 4,800 stocks rising

China’s A-share market opens higher, with more than 4,800 stocks rising

China’s A-share market opened higher on Monday, with gains across its three main indexes.

The Shanghai Composite rose 0.27%, the Shenzhen Component gained 0.87% and the ChiNext index rose 1.19%.

More than 4,800 stocks rose at the start of trading.

Communications equipment, semiconductors, industrial machinery, precious metals and aerospace and defense shares were among the gainers.

Oil and gas, alcohol, media and banking shares fell.

The broad rise shows that gains were spread across many stocks, even as some sectors declined.

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