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 14)


Sales Trader, International Business Division


In the PM session, market fluctuated at low level. Till market end, National Defense led the gain. Agriculture and Construction Materials led the fall. In total, both markets traded 601.11 billion RMB, up 4.93%.

OpenClose% Change(bn yuan)
CSI 3003952.23925.22-1.08143.50
SectorTop 1Led byTop 2Led by
Upward-leadingNational Defense002413  
Downward-leadingAgriculture603609Construction Materials600425


*Chinese Short Video App Kuaishou Sues Rival Douyin for ‘Unfair Competition’

Chinese video-sharing platform Kuaishou is suing its domestic archrival Douyin, also known as TikTok overseas, for “interfering” with search results on a third-party app store. The move is the latest sign of the fierce competition between the two players in the booming short video market.

*Baidu Beefs Up Development of Livestreaming and Short-Video Services

Chinese internet search giant Baidu Inc. has pledged to plow massive resources into its short-video and livestreaming businesses, in a bid to gain a larger share of a sector dominated by ByteDance and Kuaishou.

*High-tech infrastructure projects on the horizon

In Guangzhou, 16 new digital infrastructure constructions have signed contracts on Monday involving AI, Big Data and digital industry, with total investments reaching 56.5 billion yuan. Moreover, the city will bridge AI with industrial internet to establish 8 industrial clusters on intelligent connected vehicles and robots to realize an AI industry scale surpassing 120 billion yuan.

*China’s FDI inflow rises 11.8% in April

Foreign direct investment (FDI) into the Chinese mainland expanded 11.8 percent year-on-year to 70.36 billion yuan in April, the Ministry of Commerce announced Thursday.


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