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.

GUOSEN Closing Bell (May 12)


Sales Trader, International Business Division


In the PM session, market changed direction and move upward. Till market end, Household Appliance and Medical led the gain. Construction and Real Estate led the fall. In total, both markets traded 599.35 billion RMB, down 12.47%.

OpenClose% Change(bn yuan)
CSI 3003961.343960.240157.47
SectorTop 1Led byTop 2Led by
Upward-leadingHousehold Appliance002959Medical002107
Downward-leadingConstruction601789Real Estate000609


*Courier Giant SF Tests Food-Delivery Market

SF Holding Co. Ltd., parent of courier giant SF Express, is testing a new food-delivery service targeting business clients buying in bulk. If it moves ahead with the plan, it would become the latest challenger in a crowded market dominated by the two tech giants – Meituan Dianping and Alibaba.

*Tencent Music Reports Moderate Revenue Growth in Q1

Tencent Music Entertainment, a subsidiary of Chinese internet giant Tencent, reported an uptick in total revenue but a fall in net profits in the first quarter of 2020, as the coronavirus pandemic impacted the company’s social entertainment services business.

*Shale gas field marks major milestone

China’s first large-scale shale gas installation, the Chongqing Fuling field, has produced a total of 30 billion cubic meters of gas since operations began in 2013, according to China Petroleum & Chemical Corp (Sinopec) Jianghan Oilfield Co.

*Industrial park’s chief confident about Belarus-China cooperation on BRI

The chief of a China-Belarus industrial park is confident about the two countries’ cooperation in implementing the Belt and Road Initiative (BRI), especially in the development of the park, an important BRI project.


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