Changzhou Shenli Electrical Machine Incorporated Co logo

603819 - Changzhou Shenli Electrical Machine Incorporated Co News Story

n/a 0.0  0.0%

Last Trade -

Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 0

China, HK stocks aided by easing trade frictions, MSCI inclusion

* SSEC +0.6 pct, CSI300 +1.1 pct, HSI +1.3 pct
    * HK->Shanghai Connect daily quota used 4.7 pct
    * Trumps says to help ZTE get back into business 

    SHANGHAI, May 14 (Reuters) - China and Hong Kong stocks rose
on Monday morning on signs that the United States and China were
toning down their trade war rhetoric, after U.S. President
Donald Trump pledged to help ZTE Corp  000063.SZ   0763.HK  "get
back into business," potentially reversing earlier sanctions
against the Chinese telecom company.
** Mainland stocks were also aided by excitement toward MSCI's
China A-share inclusion. MSCI will include about 230 Chinese
companies into its emerging market benchmark on June 1 and a
list of the new constituents will be announced soon.
** The CSI300 index  .CSI300  rose 1.1 percent to 3,916.07 at
the end of the morning session, while the Shanghai Composite
Index  .SSEC  gained 0.6 percent to 3,180.80.
** The Hang Seng index  .HSI  added 1.3 percent to 31,521.82,
while the Hong Kong China Enterprises Index  .HSCE  gained 1.5
percent to 12,524.95.
** China's CSI300 financial sector sub-index  .CSI300FS  was
higher by 1.27 percent, the consumer staples sector up 2.2
percent, the real estate index up 0.64 percent and the
healthcare sub-index up 0.08 percent.
** The smaller Shenzhen index  .SZSC  was up 0.2 percent, while
the start-up board ChiNext Composite index  .CHINEXTP  was
** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 0.54 percent while Japan's Nikkei
index  .N225  was up 0.39 percent.
** The yuan  CNY=CFXS  was quoted at 6.3389 per U.S. dollar, 0.1
percent weaker than the previous close of 6.3323.
** The largest percentage gainers in the main Shanghai Composite
index were Henan Ancai Hi-tech Co Ltd  600207.SS  up 10.04
percent, followed by Changzhou Shenli Electrical Machine
Incorporated Co  603819.SS  gaining 10.03 percent and Zhejiang
Dibay Electric Co Ltd  603320.SS  up by 10.02 percent.
** The largest percentage losses in the Shanghai index were
Qingdao Copton Technology Co Ltd  603798.SS  down 10.02 percent,
followed by HangZhou Nbond Nonwovens Co Ltd  603238.SS  falling
10.01 percent and Shanghai Wondertek Software Co Ltd  603189.SS 
down by 10.01 percent.
** The top gainers among H-shares were CITIC Securities Co Ltd
 6030.HK  up 4.53 percent, followed by Air China Ltd  0753.HK 
gaining 4.35 percent and Guangzhou Automobile Group Co Ltd
 2238.HK  up by 4.08 percent.
** The three biggest H-shares percentage decliners were Dongfeng
Motor Group Co Ltd  0489.HK  which has fallen 0.34 percent,
Sinopharm Group Co Ltd  1099.HK  which has lost 0.1 percent and
CGN Power Co Ltd  1816.HK  down by 0.0 percent.
** About 7.38 billion shares have traded so far on the Shanghai
exchange, roughly 49.8 percent of the market's 30-day moving
average of 14.81 billion shares. The volume traded was 13.07
billion as of the last full trading day.
** As of 04:11 GMT, China's A-shares were trading at a
premium of 21.65 percent over the Hong Kong-listed H-shares.

 (Reporting by Samuel Shen and John Ruwitch; Editing by
Gopakumar Warrier)
 ((;  +86 21 6104 1789; Reuters
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.