China actions increase while investors are looking for sectors who have received support

The actions of China and Hong Kong closed on Thursday, with investors interested in the economic perspectives that migrate to sectors that should benefit from government policies, in particular real estate services.

In closing, the Shanghai index increased by 0.48%, recording a maximum of almost three and a half years, while the CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, advanced by 0.47%.

Hong Kong’s Hang Seng index increased by 0.57%, but the index that accompanies the giants of technology has dropped by 0.3%.

The market participants are closely monitoring any signal of stimulus measures after the deflation of Chinese producers has deepened in June, reaching its worst level in almost two years.

Real estate shares have resumed, as some investors hypothesized on new stimuli, as a possible resumption of the renewal program of the Bassfondi.

The real estate shares listed on Hong Kong and the real estate shares of the continent increased by 4.1% and 2.6%, respectively.

. In Tokyo, the Nikkei index retired 0.44%to 39,646 points.

. In Hong Kong, the Hang Seng index increased by 0.57%to 24,028 points.

. In Shanghai, the Ssec index gained 0.48%at 3,509 points.

. The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, advanced by 0.47%to 4,010 points.

. In Seoul, the Kospi index was appreciated by 1.58%, at 3,183 points.

. In Taiwan, the Taiex index recorded an increase of 0.74%to 22,693 points.

. In Singapore, the Times Strait index was evaluated 0.44%, at 4,075 points.

. In Sydney the S&P/ASX 200 index advanced by 0.59%to 8,589 points.

Source: Terra

Rose

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