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 13)


Sales Trader, International Business Division


In the PM session, market continued the upward trend. Till market end, Food & Beverage and Medical led the gain. Household Appliance and Automobile led the fall. In total, both markets traded 581.43 billion RMB, down 2.99%.

OpenClose% Change(bn yuan)
CSI 3003946.643968.250.2145.56
SectorTop 1Led byTop 2Led by
Upward-leadingFood & Beverage603696Medical688389
Downward-leadingHousehold Appliance603579Automobile600081


*Apple Urges Ambitious Chinese Supplier to Challenge Foxconn

Apple Inc. has advised one of its Chinese AirPods assemblers to make a major investment in an iPhone and MacBook metal casing provider, a move the California tech titan hopes will create a formidable alternative to another of its longtime suppliers, Taiwan’s Foxconn, multiple sources told the Nikkei Asian Review.

*Chinese Cybersecurity Firm Seeks to Raise $634 Million in STAR Market IPO

About seven months after it raised 1.5 billion yuan ($210 million), Chinese cybersecurity major Qi An Xin Group has filed a prospectus with the Nasdaq-style STAR Market on Monday to move towards an initial public offering for 4.5 billion yuan.

*China Steps Up U.S. Soybean Buying With Million-Ton Purchase

China is stepping up purchases of soybeans from the U.S. as Brazilian sales start to wane and the Asian nation seeks to meet its pledges under the trade deal with Washington, according to people familiar with the matter.


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