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 (May 21, 2020)


Sales Trader, International Business Division


In the PM session, market moved downward. Till market end, Medical and Steel led the gain. Electronic and Computer led the fall. In total, both markets traded 686.7 billion RMB, up 7.04% dod.

OpenClose% Change(bn yuan)
CSI 3003955.713935.22-0.53157.10
SectorTop 1Led byTop 2Led by


*Nestle to Build Its First Plant-Based Food Factory in China

On the heels of the rollout of a number of foreign-made meat substitutes in the country, Swiss food giant Nestle has announced plans to build its first plant-based food factory in China. The announcement is part of a 100 million Swiss franc ($104 million) investment to strengthen its capability in a country with an estimated 50 million vegetarians and where the spend on protein derived from some vegetarian sources is expected to see double-digit growth.

*Tech giant Xiaomi reports 13.6% revenue growth in Q1

China’s tech giant Xiaomi reported 13.6 percent year-on-year revenue growth in the first quarter of 2020 despite the COVID-19 epidemic. Its total revenue in the January-March period totaled 49.7 billion yuan ($7 billion), the Beijing-headquartered company announced Wednesday in its quarterly financial report.

*Liangpin Shop stated on the interactive platform that the company has cooperated with celebrities, Internet celebrities and well-known anchors in various forms of cooperation. Every month, we will choose new products and explosive products to cooperate with well-known anchors to enhance brand awareness and allow more live broadcast audiences to experience the products. The sales generated by online celebrity live broadcasts account for a small proportion of our sales.

*SoftBank Group said it will sell 240 million shares of its mobile subsidiary SoftBank Corp. as part of a 4.5 trillion-yen asset sale or monetization plan, and its shareholding ratio will drop to 62.1%


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