Chinese exchanges end the year of the rat with strong growth in indices

Chinese exchanges end the year of the rat with strong growth in indices

5 luckiest Chinese zodiac sign in 2021 year of the Ox | 2021 | Chinese New Year

Description video:
Ready for 2020 to just end already? We’re almost there and 2021 promises to be a lot brighter. Find out when it will be your time to shine.\nThe new year is always a threshold of hope. This year particularly, many of us are eager to launch a new chapter, and we see 2021 as an opportunity to start fresh. We have been tremendously tested in 2020, and while that will not disappear overnight, there is plenty of reason to feel encouraged about what this new year will bring. 2021 offers a strong signature of innovation, group work, and renewed possibility, though some months will offer more possibilities to help you achieve your goals than others. For more predictions, see what your Chinese zodiac says 2021 has in store for you, as well.\nThe people born under these zodiac signs will enjoy significant financial gains in the year of Ox.\nRat. Birth years of the Rat: 1912, 1924, 1936, 1948, 1960, 1972, 1984, 1996, 2008, 2020.\nTiger . Birth years of the Tiger: 1914, 1926, 1938, 1950, 1962, 1974, 1986, 1998, 2010.\nSnake. Birth years of the Snake: 1917, 1929, 1941, 1953, 1965, 1977, 1989, 2001, 2013.\nDragon. Birth years of the Dragon: 1928, 1940, 1952, 1964, 1976, 1988, 2000, 2012.\nPig. Birth years of the Pig: 1935, 1947, 1959, 1971, 1983, 1995, 2007, 2019.\n#chinesenewyear #metalox #yearofthemetalox #ox #2021.\n#luckiestchinesezodiacsignin2021 #luckyzodiacsign #luckyzodiacsignnecklace\nmost luckiest zodiac sign in 2021\nluckiest chinese zodiac sign in 2021\nluckiest star sign 2021\nwhich zodiac sign will be the luckiest in 2021\nluckiest zodiac signs in 2021\nthe luckiest zodiac sign in 2021\nwhat is the luckiest zodiac sign in 2021\nluckiest zodiac signs of 2021\nunluckiest zodiac sign in 2021\nluckiest sign in 2021\nthe luckiest zodiac sign in 2021
Chinese exchanges end the year of the rat with strong growth in indices

Chinese exchanges end the year of the rat with strong growth in indices

Chinese stock markets closed the last trading day of the year of the rat with favorable gains, hitting five-year highs.

The SSEC Index closed the day with 1.43% gain to 3655.09 points, while the SZSE climbed 2.12% to 15,962.25 points. The ChiNext Index also posted strong gains of 2.39%.

A total of 2,457 shares showed gains, while 1,385 stocks dropped in value. Trading in China will resume only in a week.

CSI 300, composed of the 300 largest and most liquid Class A stocks, soars 2.14%.Chinese exchanges end the year of the rat with strong growth in indices Its figure has renewed its maximum since October 2007.

The highs of the last trading day of the year are very different from how things were 12 months ago, when investor panic over news of COVID-19 plunged the Shanghai Stock Exchange Index by 7.72%..

Despite a chilling start, the year of the rat turned out to be bullish for the Chinese capital market.

Shanghai index is up 19.43% over the year, while SZSE is up 44.17%. The ChiNext Index scores even more impressively, up 71.21%.

Some investors have interpreted Wednesday’s bullish performance as a good sign to trade in the coming year of the bull, which has a psychological reference to the bull market.. They also cited China’s fundamentals as the reason for their positive outlook on trade in the first quarter..

China’s CPI, the main indicator of inflation, fell 0.3% in January.

China’s economy is projected to grow 8.1% in 2021, while global GDP is expected to expand 5.5%, the IMF said in its latest economic forecast..