This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.

Closing Bell (June 8, 2020)


Sales Trader, International Business Division


In the PM session, market stopped the downward trend and kept fluctuating. Till market closed, Household Appliance and Petrochemical led the gain. Retail and Medical led the fall. In total, both markets traded 684.29 billion RMB, up 8.35% dod.

OpenClose% Change(bn yuan)
CSI 3004023.614021.950.52193.05
SectorTop 1Led byTop 2Led by
Upward-leadingHousehold Appliance300342Petrochemical601808


*The 102nd National Sugar and Liquor Commodities Fair will be held on July 28-30, 2020 in the form of an online exhibition. The organizing committee will work with Alibaba Group to make full use of artificial intelligence, cloud computing and other technologies to establish a national sugar and wine fair cloud exhibition platform that integrates online display, supply and purchase docking, live broadcast marketing, and negotiation transactions.

*The increase in Hong Kong stocks’ iron cargo expanded to over 60%. The giant Vale suspended three mining areas due to the epidemic, and iron ore prices rose sharply.

*Tencent Launches Credit Scoring System Based on WeChat Purchases

Chinese tech giant Tencent Holdings Ltd. has launched a credit scoring system based on what users buy over its messaging app WeChat, a move that will enable it to offer consumer-related credit services on its platform even after it failed to get an official personal credit reporting license from the central bank.

*NetEase Opens Console Game Production Studio in Tokyo

Chinese internet and gaming company NetEase has set up a new overseas game studio in Tokyo, Japan as part of its global expansion.


Disclosure: Interactive Brokers

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Guosen Securities Co., Ltd and is being posted with permission from Guosen Securities Co., Ltd. The views expressed in this material are solely those of the author and/or Guosen Securities Co., Ltd and IBKR is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

trading top