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2021-09-07

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China stocks end higher as data signals surprise rise in export growth

SHANGHAI, Sept 7 (Reuters) - China shares ended higher on Tuesday after data showed exports in the w

China stocks end higher as data signals surprise rise in export growth

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Shanghai stocks advanced 3.74% this month.</p>\n<p>($1 = 6.4569 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 stocks end higher as data signals surprise rise in export growth</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; 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Shanghai stocks advanced 3.74% this month.</p>\n<p>($1 = 6.4569 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":"1180092390","content_text":"SHANGHAI, Sept 7 (Reuters) - China shares ended higher on Tuesday after data showed exports in the world’s second-largest economy unexpectedly grew at a faster pace last month, and as officials pledged to push further opening of capital markets to foreign investors. \nAt the close, the Shanghai Composite index was up 1.51% at 3,676.59 points.\nThe blue-chip CSI300 index closed 1.2% higher, with its financial sector sub-index climbing 2.01%, the real-estate index up 0.37% and the healthcare sub-index down 0.16%.\nShipments from the world’s biggest exporter in August rose at a faster-than-expected rate of 25.6% from a year earlier, from a 19.3.% gain in July, pointing to some resilience in China’s industrial sector.\nChina will further open its capital markets to foreign investors, the top securities regulator said on Monday, adding that it will pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies.\nForeign investors were net buyers of A-shares through the Stock Connect programme, with Refinitiv data showing net inflows of 10.46 billion yuan ($1.62 billion) for the day.\nThe materials sector jumped 3.41% and the consumer discretionary sub-index rose 1.22%. \nThe smaller Shenzhen index ended 1.13% higher and the start-up board ChiNext Composite index was higher by 0.725%. \nAround the region, MSCI’s Asia ex-Japan stock index was firmer by 0.04%, while Japan’s Nikkei index closed up 0.86%. \nAt 0700 GMT, the yuan was quoted at 6.4565 per U.S. dollar, 0.02% firmer than the previous close of 6.458.\nSo far this year, the Shanghai stock index climbed 5.9% and the CSI300 dropped 4.2%, while China’s H-share index listed in Hong Kong was down 11.8%. 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