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At the trading finish on Tuesday Hong Kong’s and China’s stock markets have risen

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At the trading finish on Tuesday Hong Kong’s and China’s stock markets have risen

At the trading finish on Tuesday Hong Kong’s and China’s stock markets have risen
September 06
12:30 2016

The Chinese stock indexes have finished the trading session on Tuesday with the positive dynamics due to securities of the companies, which produce consumer goods and the goods of the automotive sector. But, nevertheless, the growth was limited due to worries that regulators are planning to reduce the use of loans in China’s financial markets.

CSI300 index has risen by 0,7 percent. This index keeps track of stock prices of the largest companies that are traded in Shanghai and Shenzhen. The index has been equal to 3.342,63 points on Tuesday. SSEC, the index of the Shanghai Stock Exchange Shanghai Composite, has risen by 0.6 per cent, staying on the record of 3.090,71 points. ChiNext, the index of startups, has finished the trading with the growth by 2.1 percent.

“In China the money is invested in real estate more often than in shares as regulators are reducing the level of the borrowed funds use on the financial markets. It may take time before Chinese shares continue the upward trend, “ said Yan Hai, the expert at Kaiyuan Securities Co.

Securities of the companies that produce consumer goods occupy leading positions. The shares of the company Anhui Jianghuai Automobile have risen in price by 7.9 per cent and became the head of the car sector rally. Hong Kong stocks have become stronger on Tuesday. Moreover, the main index has been showing the growth for the fourth day in a row as investors have not stopped the search for higher returns.

Hang Seng, Hong Kong’s stock market index, has risen by 0.6 percent to 23.787,68 points. The index of the Chinese companies traded in Hong Kong has risen by 1.1 percent to 9.938,39 points.

Securities of raw materials and industrial sectors have broken into the leaders. Their sub-indices have risen by 2.0 and 2.1 percent respectively.

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