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2021-08-25

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Shanghai shares rise as China cenbank boosts short-term cash

SHANGHAI, Aug 25 (Reuters) - Shanghai's main share index rose on Wednesday as China's central bank b

Shanghai shares rise as China cenbank boosts short-term cash

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I will like yours back","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/837839968","repostId":2162573039,"repostType":4,"repost":{"id":"2162573039","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":1629867872,"share":"https://www.laohu8.com/m/news/2162573039?lang=&edition=full","pubTime":"2021-08-25 13:04","market":"hk","language":"en","title":"Shanghai shares rise as China cenbank boosts short-term cash","url":"https://stock-news.laohu8.com/highlight/detail?id=2162573039","media":"Reuters","summary":"SHANGHAI, Aug 25 (Reuters) - Shanghai's main share index rose on Wednesday as China's central bank b","content":"<p>SHANGHAI, Aug 25 (Reuters) - Shanghai's main share index rose on Wednesday as China's central bank boosted short-term funding to ease worries over tightening liquidity amid a faltering recovery, but losses in financial, tech and real estate firms kept China's blue-chip index lower.</p>\n<p>** At the midday break, the Shanghai Composite index&nbsp;was up 0.34% at 3,526.49 points. ** China's central bank offered 50 billion yuan ($7.72 billion) through seven-day reverse repos into the banking system, bigger than daily injections in recent months, in what traders saw as a bid to support liquidity and lift market sentiment.</p>\n<p>** China's blue-chip CSI300 index&nbsp;was down 0.11%, with its financial sector sub-index&nbsp;lower by 1.25%, the real estate index&nbsp;down 3.52% and an info tech sub-index&nbsp;down 1.02%.</p>\n<p>** Underscoring continued financial risks in the real estate sector that some investors worry could pose broader risks, a supplier to debt-laden developer <a href=\"https://laohu8.com/S/EGRNF\">China Evergrande Group</a>&nbsp;said Evergrande had failed to pay some overdue bills.</p>\n<p>** Evergrande shares were down 1.79% by midday in Hong Kong. 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They have fallen nearly 85% since July last year.\n** Chinese H-shares listed in Hong Kong fell 0.56% to 9,047.6, while the Hang Seng Index was down 0.36% at 25,634.38.\n** The Hang Seng Tech index took a breather after Tuesday's gain of more than 7%, falling 0.1%.\n** The smaller Shenzhen index was down 0.07%, the start-up board ChiNext Composite index was weaker by 0.27% and Shanghai's tech-focused STAR50 index was down 2.37%. ** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.07%, while Japan's Nikkei index was down 0.08%.\n** The yuan was quoted at 6.4775 per U.S. dollar, 0.11% weaker than the previous close of 6.4705.","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}