index: As of the market closing time, the Shenzhen Component Index rose 0.6 percent to end at 8,219.96 points, while the Shanghai Composite Index shed 0.05 percent to close at 2,719.7 points, according to Global Times China. And the Chi Next board edged up 0.31 percent. Mainland stocks closed mixed on Thursday. A total of 55 stocks rose to their daily trading ceiling of 10 percent. Overseas capital's influx into the A-share market is believed to be a strong driver behind the rally, which has helped boost investors' risk appetite, said Yang Delong,, chief economist at the Shenzhen-based First Seafront Fund Management Company. The A-share market has shown a rising trend since the Spring Festival holidays, with the Shanghai stock index rising for three consecutive trading days from Monday to Wednesday, while the Shenzhen market rose on a consecutive four trading days this week.
(news.financializer.com). As
reported in the news.
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