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2021-03-01
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China shares bounce higher; investors shrug off factory growth slowdown
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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":1614584356,"share":"https://ttm.financial/m/news/2116350645?lang=en_US&edition=fundamental","pubTime":"2021-03-01 15:39","market":"hk","language":"en","title":"China shares bounce higher; investors shrug off factory growth slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=2116350645","media":"Reuters","summary":"* Follows >5% fall last week, biggest weekly drop in a year. SHANGHAI, March 1 - China shares ended higher on Monday, rebounding from their biggest weekly loss in a year as investors bought shares bruised by the sell-off, even as slower factory activity growth showed the fragility of China's economic recovery.The Shanghai Composite index ended up 1.21% at 3,551.40. It fell 5.06% last week, its biggest weekly percentage drop since February 2020.The blue-chip CSI300 index was up 1.54%, with the c","content":"<p>* SSEC +1.21%, CSI300 +1.54%</p>\n<p>* Follows >5% fall last week, biggest weekly drop in a year</p>\n<p>* Factory activity growth slows in February</p>\n<p>SHANGHAI, March 1 (Reuters) - China shares ended higher on Monday, rebounding from their biggest weekly loss in a year as investors bought shares bruised by the sell-off, even as slower factory activity growth showed the fragility of China's economic recovery.</p>\n<p>The Shanghai Composite index ended up 1.21% at 3,551.40. It fell 5.06% last week, its biggest weekly percentage drop since February 2020.</p>\n<p>The blue-chip CSI300 index was up 1.54%, with the consumer staples sector up 1.49% and the healthcare sub-index up 1.32%.</p>\n<p>Analysts at UBS said downside risks to the market are \"manageable\" after last week's fall.</p>\n<p> \"We expect market volatility to intensify in the short term. It could take investors some time to re-price domestic policy normalisation, a global economic recovery and rising global rates,\" they said in a note.</p>\n<p>China's factory activity expanded at the slowest pace in nine months in February as weak overseas demand and coronavirus flare-ups weighed on output, a business survey showed on Monday.</p>\n<p>Shares were supported by purchases from foreign investors. Flows through the northbound leg of Stock Connect topped 6.5 billion yuan ($1.01 billion), according to Refinitiv data.</p>\n<p>Growth in new home prices in China eased slightly in February as demand slowed over the Lunar New Year and some major cities clamped down further on speculative buying.</p>\n<p>The real estate index rose 0.98%, with analysts expecting home price growth to maintain a steady upward trend.</p>\n<p>The rare earth index jumped 6.64% after China's industry minister said on Monday that China's rare earths are underpriced due to vicious competition.</p>\n<p>The smaller Shenzhen index ended up 2.38% and the start-up board ChiNext Composite index was higher by 2.767%.</p>\n<p>At 0708 GMT, the yuan was quoted at 6.464 per U.S. dollar, 0.06% firmer than the previous close of 6.4681.</p>\n<p>($1 = 6.4643 Chinese yuan)</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 shares bounce higher; investors shrug off factory growth slowdown</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; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina shares bounce higher; investors shrug off factory growth slowdown\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\">2021-03-01 15:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* SSEC +1.21%, CSI300 +1.54%</p>\n<p>* Follows >5% fall last week, biggest weekly drop in a year</p>\n<p>* Factory activity growth slows in February</p>\n<p>SHANGHAI, March 1 (Reuters) - China shares ended higher on Monday, rebounding from their biggest weekly loss in a year as investors bought shares bruised by the sell-off, even as slower factory activity growth showed the fragility of China's economic recovery.</p>\n<p>The Shanghai Composite index ended up 1.21% at 3,551.40. It fell 5.06% last week, its biggest weekly percentage drop since February 2020.</p>\n<p>The blue-chip CSI300 index was up 1.54%, with the consumer staples sector up 1.49% and the healthcare sub-index up 1.32%.</p>\n<p>Analysts at UBS said downside risks to the market are \"manageable\" after last week's fall.</p>\n<p> \"We expect market volatility to intensify in the short term. It could take investors some time to re-price domestic policy normalisation, a global economic recovery and rising global rates,\" they said in a note.</p>\n<p>China's factory activity expanded at the slowest pace in nine months in February as weak overseas demand and coronavirus flare-ups weighed on output, a business survey showed on Monday.</p>\n<p>Shares were supported by purchases from foreign investors. Flows through the northbound leg of Stock Connect topped 6.5 billion yuan ($1.01 billion), according to Refinitiv data.</p>\n<p>Growth in new home prices in China eased slightly in February as demand slowed over the Lunar New Year and some major cities clamped down further on speculative buying.</p>\n<p>The real estate index rose 0.98%, with analysts expecting home price growth to maintain a steady upward trend.</p>\n<p>The rare earth index jumped 6.64% after China's industry minister said on Monday that China's rare earths are underpriced due to vicious competition.</p>\n<p>The smaller Shenzhen index ended up 2.38% and the start-up board ChiNext Composite index was higher by 2.767%.</p>\n<p>At 0708 GMT, the yuan was quoted at 6.464 per U.S. dollar, 0.06% firmer than the previous close of 6.4681.</p>\n<p>($1 = 6.4643 Chinese yuan)</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":"2116350645","content_text":"* SSEC +1.21%, CSI300 +1.54%\n* Follows >5% fall last week, biggest weekly drop in a year\n* Factory activity growth slows in February\nSHANGHAI, March 1 (Reuters) - China shares ended higher on Monday, rebounding from their biggest weekly loss in a year as investors bought shares bruised by the sell-off, even as slower factory activity growth showed the fragility of China's economic recovery.\nThe Shanghai Composite index ended up 1.21% at 3,551.40. It fell 5.06% last week, its biggest weekly percentage drop since February 2020.\nThe blue-chip CSI300 index was up 1.54%, with the consumer staples sector up 1.49% and the healthcare sub-index up 1.32%.\nAnalysts at UBS said downside risks to the market are \"manageable\" after last week's fall.\n \"We expect market volatility to intensify in the short term. It could take investors some time to re-price domestic policy normalisation, a global economic recovery and rising global rates,\" they said in a note.\nChina's factory activity expanded at the slowest pace in nine months in February as weak overseas demand and coronavirus flare-ups weighed on output, a business survey showed on Monday.\nShares were supported by purchases from foreign investors. Flows through the northbound leg of Stock Connect topped 6.5 billion yuan ($1.01 billion), according to Refinitiv data.\nGrowth in new home prices in China eased slightly in February as demand slowed over the Lunar New Year and some major cities clamped down further on speculative buying.\nThe real estate index rose 0.98%, with analysts expecting home price growth to maintain a steady upward trend.\nThe rare earth index jumped 6.64% after China's industry minister said on Monday that China's rare earths are underpriced due to vicious competition.\nThe smaller Shenzhen index ended up 2.38% and the start-up board ChiNext Composite index was higher by 2.767%.\nAt 0708 GMT, the yuan was quoted at 6.464 per U.S. dollar, 0.06% firmer than the previous close of 6.4681.\n($1 = 6.4643 Chinese yuan)","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":362969827,"gmtCreate":1614588774269,"gmtModify":1704772724456,"author":{"id":"3577670788486000","authorId":"3577670788486000","name":"yiffy","avatar":"https://static.tigerbbs.com/493227b6ecf6ae559fb2a2564cb6f2c8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577670788486000","authorIdStr":"3577670788486000"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362969827","repostId":"2116350645","repostType":4,"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
