*16:55JST 16 days of the mainland market overview:the Shanghai Composite 0. 6%higher after the high-tech related stock
Week 16 days of the mainland market gainers. Key indicators of the Shanghai Composite Index,the business day preceding the ratio 16. 72 points(0.56%) high of 2984. 39 points and push for 11 month 5 days since around 6 week highs the level to recover. The Shanghai A-share index also rose 17.52 points(0.56%) high of 3127. 22 points in the trading is finished.
China’s economy picking up is to be aware of the flow. Trading hours published during 11 months of China’s economic statistics, the retail sales and industrial production significantly on the back of it. Index selling predecessor, the indicators after the announcement, as it sought to have. On the other hand, Sino-US two countries of the”Phase 1″trade talks in advance regarding the”agreement observation”is flowing well, the rate impact is limited.
By industry, the high-tech Association is of the up stand out. Electronic components manufacturers, ring Asahi electronics (601231/SH) is the top high,LED the base・chip China’s largest think photoelectric(600703/SH)is 4. 7%increase in receive. Securities stocks also higher. CITIC Jianyin securities(601066/SH)daily limit have also increased. Other infrastructure-related stocks,materials stocks, auto stocks like also bought.
On the other hand, the food and beverage stocks are cheap. Baijiu (Chinese spirits) the manufacturer of the largest Guizhou Maotai(Guizhou machine type:600519/SH) is 1. 3% fell. Insurance stocks and banking stocks, pharmaceutical stocks, such as Corner also being sold.
On the other hand, foreign currency-denominated B shares gainers. The Shanghai B-share index is 1. 20 points(0.49%) high of 247. 12 points, the Shenzhen B-share index is 3. 61 points(0.40%) high of 905. 97 points in the end.