Market summary : Shenzhen Component Index declines by 1.33%
The Shenzhen Component Index fell by 1.33% on January 27, 2025, continuing a trend of declines, despite a positive six-month performance, with a year-to-date decrease of 2.35%.
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The Shenzhen Component Index fell by 1.33% on January 27, 2025, continuing a trend of declines, despite a positive six-month performance, with a year-to-date decrease of 2.35%.
Chinese stock indices faced a decline, with the SSE Composite Index falling 0.44% to 3,226.7697 CNY, reflecting a subdued sentiment among investors.
This achievement marks a significant step in space exploration and resource utilization, potentially transforming future lunar missions and sustainable space habitation.
China's central bank announced on Monday that it will lower the collateral requirements for its Medium-Term Lending Facility (MLF) loans starting this month.
The People's Bank of China (PBOC) announced on Monday that it has lowered the interest rate on seven-day reverse repos from 1.8 percent to 1.7 percent.
China's economic growth decelerated in the second quarter, reflecting weaker consumer demand and global trade tensions. The slowdown poses challenges for policymakers aiming to sustain growth and navigate the country's economic transition.
China's economy exhibited steady growth in the first half of 2024, with industrial value added, fixed asset investment, and retail sales all rising year-on-year, signaling robust economic performance across multiple sectors.
China's GDP expanded by 5% to reach 61.68 trillion yuan ($8.49 trillion) in the first half of 2024, driven by improved overseas demand, increased domestic consumption, and robust government policy support.
The vulnerability of China's export-dependent economy to supply chain disruptions is evident, highlighting the need for resilience against external shocks.
Asian shares fell on Tuesday, with Hong Kong's benchmark down nearly 2%, as concerns over Chinese markets contributed to heavy selling.
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