China Close Up, basic consumption assets compensate for the drop in the technological sector

Chinese actions closed above Monday, with the earnings in the basic consumption products sector that contribute to compensating for losses in artificial intelligence actions.

In closing, the Shanghai index increased by 0.4%, while the CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, advanced by 0.2%. Hong Kong’s Hang Seng index has increased by 0.9%.

The shares of artificial intelligence, which increased by almost 50%this year, decreased by about 2%, with the manufacturer of Chips Cambricon Technologies down 5.4%.

The Chinese giants of the Zhongji Innolight Co optical modules and the EopptoLink technology descended to 15% each, also with the inclusion of the two companies scheduled for the FTSE China A50 index on September 19.

The Chinese actions recorded the largest weekly decline in five months last week, with a wave of profits after the largest military parade in the history of China and with the media that informed that Beijing is taking into consideration the measures to contain excessive speculation with actions.

The basic shares of the consumer product increased by 1.9%, leading earnings in the internal market.

. In Tokyo, the Nikkei index advanced by 1.45%to 43,643 points.

. In Hong Kong, the Hang Seng index increased by 0.85%to 25,633 points.

. In Shanghai, the SSEC index gained 0.38%to 3,826 points.

. The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, advanced by 0.16%to 4,467 points.

. In Seoul, the Kospi index was appreciated by 0.45%, at 3,219 points.

. In Taiwan, the Taiex index recorded an increase of 0.22%to 24,547 points.

. In Singapore, the Straits Times index was evaluated 0.05%, at 4.309 points.

. In Sydney, the S&S 200 index retired 0.24%to 8,849 points.

Source: Terra

Rose

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