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GUOSEN Closing Bell (May 19)

By:

Sales Trader, International Business Division

MARKET

In the PM session, market kept fluctuating. Till market end, Electronic and Computer led the gain. Agriculture and Non-ferrous Metal led the fall. In total, both markets traded 641.52 billion RMB, down 12.34%.

OpenClose% Change(bn yuan)
Shanghai2897.692898.580.81256.28
Shenzhen11023.4311052.851.21385.25
CSI 3003963.783956.250.85159.89
ChiNext2137.422144.121.38128.92
SectorTop 1Led byTop 2Led by
Upward-leadingElectronic688012Computer688088
Downward-leadingAgriculture002086Non-Ferrous Metals000603

NEWS

*Beijing Approves Pony.ai to Test Passenger-Carrying ‘Driverless’ Vehicles

Self-driving startup Pony.ai has nabbed licenses to test autonomous vehicles carrying passengers on Beijing’s roads in designated areas, a move that could pave the way for the broader commercialization of such cars.

*China, Baltics at Forefront of ‘Bubble’ Corridor Plan to Resume International Flights

Planes are flying again on a handful of international routes, creating a possible path to recovery for a battered industry. But with Covid-19 still spreading, aspiring passengers will have to navigate a patchy network that might include virus tests and weeks-long quarantine.

FUND FLOW

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