FILE PHOTO: Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. REUTERS/Aly Song/File Photo SHANGHAI: China stocks kicked off 2021 on a firm note on Monday, after a survey pointing to a continued recovery in the world's second-largest economy bolstered investor sentiment. The blue-chip CSI300 index rose 1.1% to 5,267.72, while the Shanghai Composite Index added 0.9%to 3,502.96. The tech-heavy start-up board ended up 3.8%, while the STAR50 index firmed 2.1%. China stocks rose to multi-year highs on the last trading day of 2020, as investors cheered a Sino-Europe investment deal and Beijing's policy support for its capital markets. Activity in China's factory sector rose in December as the economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday, even as higher costs slowed the pace of expansion. "We are optimistic about the equities market this year, as the fragility of a global economic recovery means the super-loose liquidity conditions would remain, while China pledges continued and stable policy support for its economy," analysts at Zhongtai Securities said in a note. Analysts at Morgan Stanley reiterated their "overweight" stance on Chinese A-shares, citing an improved possibility of increased weightage in global indices and better cushioning from Sino-U.S. tension uncertainties. Bucking the broad rally, banking and real estate stocks retreated as Beijing moved to cap property loans by banks. China's central bank issued a regulation on Thursday to cap property loans by banks, as authorities shift their attention back to debt risks and look to guard against any overlending to the property sector. - Reuters
Us apple developer accounts for sale
buyappleacc.com is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!