yylee
2021-06-17
Baba resurgence?
China stocks gain after 3 days as techs shine
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resurgence?","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/161850728","repostId":2144717910,"repostType":4,"repost":{"id":"2144717910","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623915277,"share":"https://www.laohu8.com/m/news/2144717910?lang=&edition=full","pubTime":"2021-06-17 15:34","market":"sh","language":"en","title":"China stocks gain after 3 days as techs shine","url":"https://stock-news.laohu8.com/highlight/detail?id=2144717910","media":"Reuters","summary":"SHANGHAI, June 17 (Reuters) - China stocks rose on Thursday after three straight sessions of losses,","content":"<p>SHANGHAI, June 17 (Reuters) - China stocks rose on Thursday after three straight sessions of losses, as subdued factory output data eased fears of policy tightening in the world's second-largest economy, while tech firms shined on report of chip push.</p>\n<p>The blue-chip CSI300 index rose 0.4% to 5,101.89, while the Shanghai Composite Index added 0.2% to 3,525.60.</p>\n<p>The start-up board ChiNext climbed 2%, while Shanghai's tech-focused STAR50 index rallied 4.8%.</p>\n<p>The gains came after a three-day losing streak, with the CSI300 falling the most in two months on Wednesday.</p>\n<p>Growth in China's factory output slowed for a third straight month in May, likely weighed down by disruptions caused by COVID-19 outbreaks in the country's southern export powerhouse of Guangdong.</p>\n<p>The U.S. Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated timetable for interest rate increases.</p>\n<p>Tech firms, in particular semiconductor firms, shined after report of Beijing's latest chip push.</p>\n<p>The CSI all share semiconductors & semiconductor equipment index jumps 8.6%, with top chipmaker Semiconductor International Manufacturing Corp ending up 7.5% in Shanghai.</p>\n<p>Vice Premier Liu He has been tapped to spearhead the development of so-called third-generation chip production and lead the formulation of policy support for the technology, Bloomberg News reported.</p>\n<p>Though concerns over domestic valuations remained a focal point for investors.</p>\n<p>\"The root cause for the recent correction was high valuations, as many Chinese institutional investors switched out of expensive stocks to prepare for a year-end ranking,\" said Dong Baozhen, chairman of Beijing-based private securities fund Lingtong Shengtai Investment Management.</p>\n<p>\"There is co-existence of extremely high valuations and extremely low valuations in the A-share market, which needs to be corrected,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China stocks gain after 3 days as techs shine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; 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shine\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 15:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, June 17 (Reuters) - China stocks rose on Thursday after three straight sessions of losses, as subdued factory output data eased fears of policy tightening in the world's second-largest economy, while tech firms shined on report of chip push.</p>\n<p>The blue-chip CSI300 index rose 0.4% to 5,101.89, while the Shanghai Composite Index added 0.2% to 3,525.60.</p>\n<p>The start-up board ChiNext climbed 2%, while Shanghai's tech-focused STAR50 index rallied 4.8%.</p>\n<p>The gains came after a three-day losing streak, with the CSI300 falling the most in two months on Wednesday.</p>\n<p>Growth in China's factory output slowed for a third straight month in May, likely weighed down by disruptions caused by COVID-19 outbreaks in the country's southern export powerhouse of Guangdong.</p>\n<p>The U.S. Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated timetable for interest rate increases.</p>\n<p>Tech firms, in particular semiconductor firms, shined after report of Beijing's latest chip push.</p>\n<p>The CSI all share semiconductors & semiconductor equipment index jumps 8.6%, with top chipmaker Semiconductor International Manufacturing Corp ending up 7.5% in Shanghai.</p>\n<p>Vice Premier Liu He has been tapped to spearhead the development of so-called third-generation chip production and lead the formulation of policy support for the technology, Bloomberg News reported.</p>\n<p>Though concerns over domestic valuations remained a focal point for investors.</p>\n<p>\"The root cause for the recent correction was high valuations, as many Chinese institutional investors switched out of expensive stocks to prepare for a year-end ranking,\" said Dong Baozhen, chairman of Beijing-based private securities fund Lingtong Shengtai Investment Management.</p>\n<p>\"There is co-existence of extremely high valuations and extremely low valuations in the A-share market, which needs to be corrected,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144717910","content_text":"SHANGHAI, June 17 (Reuters) - China stocks rose on Thursday after three straight sessions of losses, as subdued factory output data eased fears of policy tightening in the world's second-largest economy, while tech firms shined on report of chip push.\nThe blue-chip CSI300 index rose 0.4% to 5,101.89, while the Shanghai Composite Index added 0.2% to 3,525.60.\nThe start-up board ChiNext climbed 2%, while Shanghai's tech-focused STAR50 index rallied 4.8%.\nThe gains came after a three-day losing streak, with the CSI300 falling the most in two months on Wednesday.\nGrowth in China's factory output slowed for a third straight month in May, likely weighed down by disruptions caused by COVID-19 outbreaks in the country's southern export powerhouse of Guangdong.\nThe U.S. Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated timetable for interest rate increases.\nTech firms, in particular semiconductor firms, shined after report of Beijing's latest chip push.\nThe CSI all share semiconductors & semiconductor equipment index jumps 8.6%, with top chipmaker Semiconductor International Manufacturing Corp ending up 7.5% in Shanghai.\nVice Premier Liu He has been tapped to spearhead the development of so-called third-generation chip production and lead the formulation of policy support for the technology, Bloomberg News reported.\nThough concerns over domestic valuations remained a focal point for investors.\n\"The root cause for the recent correction was high valuations, as many Chinese institutional investors switched out of expensive stocks to prepare for a year-end ranking,\" said Dong Baozhen, chairman of Beijing-based private securities fund Lingtong Shengtai Investment Management.\n\"There is co-existence of extremely high valuations and extremely low valuations in the A-share market, which needs to be corrected,\" he 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