Chinese Shares Gain; Third Plenum Outcome Awaited -- Market Talk

Dow Jones07-18

0725 GMT - Chinese shares close higher, reversing opening losses. Investors are awaiting the official readout of the Third Plenum meeting, which concludes today. Telecommunication and consumer sectors led the gains with China Mobile up 3.1% and China Unicom rising 1.7%. Yonghui Superstores rose 5.4%. Meanwhile, semiconductor and solar stocks declined. GigaDevice Semiconductor and TCL Zhonghuan Renewable Energy Technology fell 2.2% and 2.1%, respectively. The benchmark Shanghai Composite Index closed 0.5% higher at 2977.13, the Shenzhen Composite Index gained 0.3% and the ChiNext Price Index rose 1.25%. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

July 18, 2024 03:25 ET (07:25 GMT)

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Investors are awaiting the official readout of the Third Plenum meeting, which concludes today. Telecommunication and consumer sectors...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0209","symbol_name":"零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2452217314","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2452217314","pubTimestamp":1721287500,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0725 GMT - Chinese shares close higher, reversing opening losses. 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