In the afternoon session, both indices changed direction, decreased steadily. Till market closed, Automobile and Food & Beverage lead the gain. Agriculture and Banking lead falls. In total, both markets traded 449.42 billion RMB, up 12.66% dod.
|Open||Close||% Change||(bn yuan)|
|Sector||Top 1||Led by||Top 2||Led by|
|Upward-leading||Automobile||600327||Food & Beverage||603156|
*Vivo Chooses Samsung Chips for New 5G Phones
Chinese smartphone-maker Vivo has selected Samsung’s new Exynos 980 5G mobile processor to power its new X30 smartphones scheduled to hit the market in December, a move that hints that the company may be decoupling from U.S.-based chipmaker Qualcomm. (Caixin)
*Didi Apologizes, Modifies ‘Sexist’ Hitch Relaunch Plan
Chinese ride-hailing giant Didi Chuxing apologized and made changes to a relaunch plan for its controversial Hitch carpooling service after being accused of sexism for setting different operating hours for women and men. (Caixin)
*Company snapshot available on STAR Market’s English website
The Shanghai Stock Exchange (SSE) has opened a column for company snapshots on the SSE STAR Market’s English website, in a bid to help international investors to understand the companies on the market and further propel foreign funds to involve in the market.(Xinhua)
*GE seeks business opportunities at China import expo
American multinational conglomerate General Electric (GE) is showcasing its newest technologies and solutions at a major import expo in Shanghai to cash in on the Chinese market. (Xinhua)
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