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apple developer enterprise account for rent:China shares end flat as healthcare losses offset gains in property stocks


At the close, the Shanghai Composite index was down 0.07% at 3,449.38. BEIJING/SHANGHAI: China stocks erased earlier gains to end nearly flat on Wednesday, with gains in property stocks offset by losses in healthcare, as investors took a breather following a recent rally on upbeat data pointing to a continued economic recovery. At the close, the Shanghai Composite index was down 0.07% at 3,449.38. The index hit its highest since February 2018 earlier in the session, as investors cheered better-than-expected manufacturing data and hopes of continued economic recovery. China's blue-chip CSI300 index ended flat, while the start-up board ChiNext Composite index was 0.57% lower. Shanghai's tech-focused STAR50 index closed up 0.3%. Leading the gains, the real estate sub-index rose 0.96% by the end of the session, with heavyweight Greenland Holdings Corp Ltd gaining 2.63%. The sub-index tracking blue-chip healthcare stocks retreated 0.42%. The smaller Shenzhen index was up 0.16%. China's factory sector activity grew at its fastest pace in a decade in November, a business survey showed on Tuesday, as the economy rebounds to pre-pandemic levels. The virus infection situation remains stable, as mainland China reported nine new COVID-19 cases on Dec. 1, down from 12 cases a day earlier, the country's national health authority said. U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported. Around the region, MSCI's Asia ex-Japan stock index was firmer by 1.21%, while Japan's Nikkei index closed up 0.05%. - Reuters

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  • 2020-12-05 00:22:55

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