In the PM session, market moved downward. Till market closed, Household Appliance and Food & Beverage led the gain. Communication and Electronic led the fall. In total, both markets traded 672.06 billion RMB, up 2.89%.
|Open||Close||% Change||(bn yuan)|
|Sector||Top 1||Led by||Top 2||Led by|
|Upward-leading||Household Appliance||600336||Food & Beverage||603755|
*Trade in Luckin Shares Frozen Until It Gives Nasdaq Additional Information
*March Sales Dive for Two Chinese NEV Giants
In March, BAIC BJEV sold 5,992 new energy vehicles (NEVs), representing a year-on-year decline of 66.1%. Rival carmaker BYD also released gloomy figures for the month, selling 12,256 NEVs, down by nearly 60% compared to the same period of last year.
*Huawei’s consumer business group eyes fast growth in China despite the pandemic
Huawei Technologies Co said on Thursday its consumer business group, which includes smartphones, PCs and tablets, aims to post fast percent year-on-year growth in China this year, despite the COVID-19 pandemic and the US government restrictions.
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