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Guosen Securities is one of the leading investment banks in China. Guosen Securities provides comprehensive China A-share coverages on daily basis such as macro-economic updates, investment strategy, sector analysis, individual securities coverages, fixed-income reports, and financial engineering research, etc. Click here for more information about Guosen.

Guosen Securities

April 30, 2019

Closing Bell (April 30)

Chinese stocks inched up on the last trading day before public holiday. Given the fact that China PMI consistently stood above 50, investors’ uncertainty on economic growth should be eased. Only weighted stocks hold the ground, while there were about 300 stocks fell to down limit today. Agriculture and Automobile sectors led the gains, while Telecom and Leisure sectors led the falls. Combined turnover for both markets was CNY 495 billion, down 23.1% dod.

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