Chinese stocks end up as information technology and infrastructure companies lend their support



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* HSEC + 0.5%, CSI300 + 0.2%, HSI + 0.3%

* HK-> daily quota of Shanghai Connect used 1%, Shanghai-> daily quota of HK used 1.6%

* FTSE China A50 -0.2%

SHANGHAI, July 23 (Reuters) – Chinese stocks ended up higher on Tuesday, as investment in infrastructure and IT companies rose, even as the newly launched Nasdaq-style STAR market continued. attract attention.

** The CSI300 first-order index rose 0.2% to reach 3,789.91, while the Shanghai Composite Index closed up 0.5%, to 2,899.94 .

** Companies listed on Nasdaq's new Chinese Stock Exchange fell back on Tuesday, losing some of the huge gains made on their unstable debut in the previous session, though all remained well above their quoted prices .

** Ministry of Industry said Tuesday that "big efforts" would be needed to meet this year's industrial production growth target as trade protectionism weighs on exports and darkens the prospects for the world's second-largest economy .

** The CSI IT index and the CSI300 infrastructure index rose 1.9% and 0.9% respectively, offsetting the losses recorded by real estate companies and industries. 39, food and beverages, which fell 2.2% and 1.2% respectively.

** Across the region, the MSCI Asia-Asia ex-Japan equity index rebounded 0.13%, while Japan's Nikkei closed 0.95%.

** At 07:18 GMT, the yuan was quoted at 6.8827 for one US dollar, or 0.01% lower than the previous close of 6.8817.

** The main winners of Shanghai's main composite index were Anhui Liuguo Chemical Co Ltd, up 10.11%, followed by Shanghai Huitong Energy Co Ltd, 10.05%, and Ningbo Tianlong Electronics Co Ltd, 10.03%.

** The largest loser percentages of the Shanghai index were those of Guangzhou Yuetai Group Co Ltd (10.13%), followed by Seazen Holdings Co Ltd (10%) and Suzhou Secote Precision Electronic Co Ltd (10%).

** So far this year, the Shanghai equity index rose 16.3% and the CSI300's 25.9%, while the Chinese index of the action H listed in Hong Kong was up 6.8%. Shanghai shares fell 2.65% this month.

** About 12.93 billion shares were traded on the Shanghai Stock Exchange, about 67.2% of the 19-day moving average market, or 19.26 billion shares a day. The volume of the previous trading session was $ 18.07 billion.

** At 07:19 GMT, China A shares traded at a 27.47% premium on H shares listed in Hong Kong. (Report by Shanghai Newsroom, edited by Subhranshu Sahu)

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