Home Tech China stocks steady, tech shares follow US lead higher

China stocks steady, tech shares follow US lead higher

by Jonathan Adams

China stocks were steady in early trading on Thursday, with sentiment supported by buoyant global share markets and local tech firms tracking their U.S. counterparts.

Information technology shares were particularly strong, after the U.S. tech sector surged past its dotcom era peak overnight.

The CSI300 index, which powered to a 18-month high the previous session, dipped 0.1 per cent to 3,724.36 points at 2:06 GMT, while the Shanghai Composite Index was also down 0.1 per cent at 3,228.48 points.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Related News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Know more