Published on 06/18/2025 at 03:52
(MT Newswires) -- Chinese shares close flat but in positive territory as authorities introduced stimulus at Shanghai's Lujiazui Forum.
The Shanghai Composite Index, the main gauge of Chinese stocks, rose marginally to finish Wednesday's trade at 3,388.81, while the Shenzhen Component Index added 0.2%, or 24.16 points, to 10,175.59.
The People's Bank of China's governor, Pan Gongsheng, announced eight measures to boost China's capacity as an international hub, the Global Times reported Thursday.
The measures include setting up a global operations center for digital renminbi, establishing an interbank market trade repository collecting transaction data for financial sub-markets, and introducing licensed personal credit agencies to provide credit services to financial institutions.
In corporate news, Beijing Jingyi Automation Equipmentjumped 4.9% after announcing it expects its operating revenue in the first half to jump between 37% and 42% year on year to between 690 million yuan and 720 million yuan.
C*Core Technology rose 3.8% after its anti-quantum cryptography card productsuccessfully passed internal testing.

Sumber : MT Newswires