China's Stock Markets Rise in Early Tuesday Trading; Shares of Logistics Firms, Airlines Soar
Liao Shumin
DATE:  Sep 05 2017
/ SOURCE:  Yicai
China's Stock Markets Rise in Early Tuesday Trading; Shares of Logistics Firms, Airlines Soar China's Stock Markets Rise in Early Tuesday Trading; Shares of Logistics Firms, Airlines Soar

(Yicai Global) Sept. 5 -- China's stock markets rose slightly in Tuesday's early trading. The Shanghai Composite Index reversed the early downward trend to rise 0.20 percent at 3,386.19 points in the morning trade, after dropping 0.07 percent at opening.

The Shenzhen Component Index edged up 0.14 percent to 10,977.74 points, after swinging between 10,928.86 points and the new high of 10,986.49 points in the early session.

The Growth Enterprise Index closed at 1,883.64 points, maintaining its opening performance.

The stocks with high share dividends soared 1.8 percent, while the stocks related to the Hangzhou Asian Games surged 1.58 percent. The shares of logistics companies and airlines rose 1.52 and 1.34 percent in early trade.

Some market research companies advised "accumulate" for the shares of China Eastern Airlines [HKG: 0670] today, citing improving operating environment for the airline industry and stable and healthy passenger growth, as well as strong improvement in passenger yield.

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Keywords:   Stock Market,Shanghai Composite Index,Shenzhen Component,Growth Enterprise