After the Politburo meeting of the Communist Party of China released the relaxation of the property market to stimulate consumer signals, the Chinese stock market opened on Tuesday (July 25).
After the opening of the morning on Tuesday morning, China's A -share rose exceeded 1.5%, the blue -chip stocks of the CSI 300 index rose by 2.2%, the Shanghai Stock Exchange Index rose 1.47%, and the Shenzhen Stock Exchange Comprehensive Index rose 1.43%.The Hong Kong Hang Seng Index also rose 3.19%.
Each sector is close to the entire board, and China's financial stocks have risen more than 3%; cement, real estate, steel, non -ferrous metals, and coal stocks have risen by more than 1%; chemical, electric power, and petroleum stocks are stable.
The China stock market rose collectively, and the Nasdaq's Golden Dragon China Index rose 4.3%, the largest increase in five months.Among them, Bilibili and Weilai Automobiles skyrocketed nearly 11%, Xiaopeng Automobile rose 10%, Baidu rose more than 6%, Alibaba rose 4.3%, Pindurta increased by nearly 4%, JD.com rose 3.5%, the ideal car rose exceeded more than exceeding the way3%, Tencent's US deposit certificate (ADR) rose more than 2%.
The Political Bureau of the Communist Party of China held a meeting on Monday (24th) to release signals to further relax the management and control of the property market, stimulate consumption, and resolve local debt risks.However, the analysis predicts that the official will not introduce a package of stimulus supporting facilities. Instead, it is hoped that through continuous policy superposition effects, it will boost market confidence "from quantitative change to qualitative changes."
