China's Face Mask Makers, Huawei Suppliers Gain on Busiest Trading Day in Five Years
Zhang Yushuo
DATE:  Feb 25 2020
/ SOURCE:  yicai
China's Face Mask Makers, Huawei Suppliers Gain on Busiest Trading Day in Five Years China's Face Mask Makers, Huawei Suppliers Gain on Busiest Trading Day in Five Years

(Yicai Global) Feb. 24 -- Chipmakers, face mask producers, Huawei Technologies's suppliers, and companies related to remote work were strong on China's mainland stock markets today amid the most hectic trading day since November 2015. Distillers, cobalt miners, and tourism firms dropped sharply.

The total turnover exceeded CNY1.2 trillion (USD170.6 billion) during the fourth consecutive day when over CNY1 trillion worth of mainland shares exchanged hands. The Shanghai-Hong Kong Stock Connect facilitated CNY8.7 billion (USD1.2 billion) worth of southbound stock trading.

The Shenzhen Component Index rose 1.23 percent to 11,772.38, with the largest trading volume of CNY770.5 billion (USD109.5 billion) among the three major mainland stock benchmarks. The Shanghai Composite Index finished 0.28 percent down at 3,031.23. The ChiNext Index rose 1.68 percent to 2,263.97.

Editor: Emmi Laine 

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Keywords:   China Stock Market,trading volume