CN Wire Profile picture
29 Jul, 12 tweets, 16 min read
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.

#China #StockMarket
Hang Seng Tech Index up 6%, #Meituan jumps 10%, #Tencent rises 7% and #Alibaba gains 5%.
$BABA #Hang #China #HongKong #StockMarket
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
The digital health sector in #HongKong gains 7%.
JD Health +10.9%
Alibaba Health +8.95%
#JD #Alibaba $JD $BABA #China #StockMarket
#JD.com +9%, most since Nov. 5.
#Tencent +7.3%, most since April 1.
#Bilibili +13%, most on record.
#Alibaba +5.2%, most since May 12.
$JD $BABA $BILI $TCEHY #China #HongKong #StockMarket
Hang Seng Tech Index extends gains to 7.3%, the biggest increase intraday on record.
#Tencent +9.0%
#Alibaba +6.5%
#JD.com +11.0%
#China #Hang #HongKong #StockMarket
SZSE ChiNext Price Index extends gains to 4%, mainly led by the rare metals sector and the lithography machine sector.
#China #StockMarket
Hang Seng Index increases by 3.1%, with #Alibaba Health up 19.3%, #Tencent up 9.6%, #Meituan up 9.2%, #BYD up 9.4% and #Xiaomi up 3.0%.
#China #StockMarket
The automobiles sector surges about 9% in #HongKong.
XPeng Inc +12.4%,
Geely Automobile +8.0%.
#XPEV #GEELY #Vehicle #Auto $XPEV $GEELY #China
#StockMarket
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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More from @Sino_Market

30 Jul
China's Politburo held a meeting to analyze the current economic situation and economic work, presided over by General Secretary Xi Jinping.
#China #Economy
#China says economic recovery is not solid yet.
China to improve overseas listing supervision system.
#China #Didi
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30 Jul
Hang Seng Index opens 1.1% lower.
Hang Seng Tech Index opens 3.2% lower, #Bilibili down 6.0%, #Meituan down 4.5% and #Alibaba down 4.8%.
#China #Hang #StockMarket $BABA $BILI Image
FTSE China A50 Index futures extend losses to 2%.
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FTSE China A50 Index futures fall 3%.
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30 Jul
Coking coal futures rise more than 4% in Dalian, while stainless steel and hot-rolled coil contracts in Shanghai up 2.5%.
#China #futures #steel #coal Image
China's most-traded iron ore futures fall over 3.5% in the morning trade.
#China #ironore #commodities #futures Image
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 Image
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29 Jul
$DIDI up more than 7% in the premarket session.
#Didi Image
$DIDI now surges more than 10% premarket. #Didi
$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 Image
Read 4 tweets
28 Jul
#OOTT | #EIA weekly data
#Crude stocks -4.089M
#Gasoline stocks -2.253M
#Distillate stocks -3.088M
#Cushing stocks -1.268M
#OOTT | #EIA: US crude inventory falls by most in west coast.
#OOTT | #EIA: US strategic petroleum reserve steady at 621.3 mln.
Read 6 tweets
28 Jul
CHINA CONVENES BANKS IN BID TO RESTORE MARKET CALM AFTER ROUT. #China $ASHR
FTSE China A50 futures quickly rise by 1.88%. Image
$CNH rises against $USD to 6.5028 on headline about China banks meeting. Image
Read 5 tweets

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