In the PM session, market is stable and fluctuated at high level. Till market end, Electronic and Communication led the gain. Medical and Food & Beverage led the fall. In total, both markets traded 679.10 billion RMB, up 27.46%.
|Open||Close||% Change||(bn yuan)|
|Sector||Top 1||Led by||Top 2||Led by|
|Downward-leading||Medical||603387||Food & Beverage||002695|
*Tianjin e-commerce firms spend $216m on poverty alleviation
E-commerce companies from Tianjin purchased agricultural goods worth 1.53 billion yuan ($216 million) from over 10 places in China’s less-developed western and interior regions such as Shaanxi province, the Xinjiang Uygur autonomous region and Gansu province recently.
*China’s dairy giant Yili’s revenue tops 90b yuan in 2019
Chinese dairy giant Inner Mongolia Yili Industrial Group Co Ltd generated a revenue of 90.2 billion yuan (about $12.8 billion) in 2019, up 13.4 percent year-on-year, the company announced Tuesday.
*Tesla’s Shanghai factory to hit output of 4,000 per week
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