Chinese Stocks Gain 0.5% in Early Trading

Dow Jones08-13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in China rose during early trading Thursday, as the Shanghai Composite Index rose 0.5% to 3965.08.

Among local companies with a market cap of at least 150 billion onshore Chinese yuan ($22.24 billion), Yuanjie Semiconductor A is the biggest leader this morning, surging 6.7%, and Cambricon Technologies A surged 5.2%. Shengyi Technology Co. A rounds out the top three movers, as shares surged 5.0%.

Aluminum of China A is the biggest early laggard, declining 2.8%, followed by shares of Wanhua Chem Grp Co. A, which dropped 1.6%. Shares of PetroChina A slipped 0.9%.

The dollar held steady against the onshore yuan at 6.74 yuan.

In the bond markets, the 10-year Chinese government bond yield fell 0.37 basis point to 1.715%.

Data source: Dow Jones Market Data, FactSet

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