FTSE China A50 Index futures open 2.6% higher on Thursday morning following the 3% gain overnight.
Sources said China's authority had a hastily call with major intl banks in a bid to restore the market calm after the recent rout.
SSE Composite Index +1.26%
Shenzhen Component Index +2.16%
SZSE ChiNext Price Index +2.75% #China#StockMarket $ASHR
#K12 Education stocks in Hong Kong get recovered on Thursday, the gauge tracking this sector jumps 8% at the opening.
New Oriental Education gains about 10%, Scholar Education up 6%.
$EDU #stockamarket
SZSE ChiNext Price Indexextends gains to 5%, mainly led by the #semiconductors sector and the new material sector.
The semiconductors sector increases by 5.8%.
Shanghai Fudan Microelectronics Group+14.1%,
SMIC +6.1%. #China#StockMarket#SMIC
The online Education sector in #HongKong continues to extend gains, up 14%.
Scholar Education Group +39%,
Koolearn Technology +16.3%,
New Oriental Education +12.2%. #EDU $EDU #education#China#StockMarket
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China's Politburo held a meeting to analyze the current economic situation and economic work, presided over by General Secretary Xi Jinping. #China#Economy
Iron ore futures extend loss to 5%, back to 1066 yuan per ton, the lowest since May 31.
The steel capacity limitation set by the industrial department still has negative impacts on the iron ore demand. #Iron#Ironore#steel
$DIDI skyrocketed 46% in the US premarket as sources said that Didi global considers going private to placate #Beijing, compensate investors, and that it has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog -WSJ