China’s stock market closed higher on Tuesday, with major indexes climbing in the late-afternoon trading, but trading volume remained low as investors stayed cautious ahead of releases of a slew of China economic data later this week.
At the close, the Shanghai Composite Index rose 1.4%, at 3,083.88 points, while the Shenzhen Component Index went 1.37% higher to 10,797.02 points.
The ChiNext Index, which tracks China’s NASDAQ-style board for growth enterprises, climbed 1.4% to 2,198.14 points.
Total traded amounts of the Shanghai and Shenzhen bourses increased to 196 billion yuan and 287.4 billion yuan, respectively.
Most sectors gained in both markets, with shares in construction and machinery industries among the biggest gainers.
At the end of trading, 2,583 counters rose, 117 shares declined, and the remaining 242 shares closed flat.
Shanghai – Hong Kong Stock Connect
The Shanghai – Hong Kong Stock Connect today saw a net fund inflow of 758 million yuan, for northbound trade.
Among the total 569 stocks eligible for the northbound trade, 525 counters rose, 15 shares declined, and the balance 29 remained unchanged.
Gem-year Industrial Co.,ltd. and China Railway Erju Co.,Ltd. surged by their 10% daily maximum limit.