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sohjonathan
2021-06-09

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China shares rise as coal firms gain on factory-gate inflation data

* SSEC +0.4, CSI300 +0.2%, HSI -0.07%* China May PPI +9% y/y, fastest pace in over 12 years* U.S. Se

China shares rise as coal firms gain on factory-gate inflation data

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+0.4, CSI300 +0.2%, HSI -0.07%</p><p>* China May PPI +9% y/y, fastest pace in over 12 years</p><p>* U.S. Senate passes sweeping bill to address China tech threat</p><p>BEIJING, June 9 (Reuters) - China shares rose on Wednesday, driven by coal and resource firms, as factory-gate prices rose at their fastest annual pace indicating that global economic recovery has picked up pace, but concerns about curbs on commodity prices capped gains.</p><p>** At the midday break, the Shanghai Composite index    was up 0.4% at 3,594.53 and the blue-chip CSI300 index    was up 0.21%.</p><p>** Leading the gains, its sub-index    tracking energy firms including coal minders surged 3.62% while the resource sector    gained 1.46%.</p><p>** Consumer staples sector    was up 0.73%, the healthcare sub-index    rose 0.52% while the real estate index    was down 0.63%.</p><p>** Chinese H-shares listed in Hong Kong    fell 0.12% to 10,716.78, while the Hang Seng Index    was down 0.07% at 28,762.26.</p><p>** The 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weaker by 0.22% while Japan's Nikkei index&nbsp;was down 0.34%.</p><p>** The yuan    was quoted at 6.3949 against the dollar, 0.1% firmer than the previous close of 6.401.</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":"2142294638","content_text":"* SSEC +0.4, CSI300 +0.2%, HSI -0.07%* China May PPI +9% y/y, fastest pace in over 12 years* U.S. Senate passes sweeping bill to address China tech threatBEIJING, June 9 (Reuters) - China shares rose on Wednesday, driven by coal and resource firms, as factory-gate prices rose at their fastest annual pace indicating that global economic recovery has picked up pace, but concerns about curbs on commodity prices capped gains.** At the midday break, the Shanghai Composite index    was up 0.4% at 3,594.53 and the blue-chip CSI300 index    was up 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China shares rise as coal firms gain on factory-gate inflation data

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