[Asia Economy Reporter Jeon Jin-young] The Greater China stock markets, which had struggled throughout the week, closed higher on the 17th. It is analyzed that the liquidity supply by the People's Bank of China ahead of the Chinese Mid-Autumn Festival holiday acted as a positive factor.
On that day, the Shanghai Composite Index closed at 3,613.97, up 0.19% from the previous trading day.
The Shenzhen Component Index ended the day at 14,359.36, up 0.71% from the previous day.
The ChiNext Index, reflecting the stock prices of small and medium-sized technology companies on the Shenzhen Stock Exchange, rose 2.06% to 3,193.26.
Overseas media analyzed that "the People's Bank of China supplied liquidity, and major consumer goods and healthcare sectors led the rally."
The Hong Kong Hang Seng Index also closed at 24,920.76, up 1.03% from the previous trading day. The Hong Kong stock market had been unable to escape a downward trend due to Macau casino regulation tightening and Evergrande bankruptcy rumors, but it closed higher thanks to rebounds in Macau casinos and technology stocks.
Major technology stocks Tencent, Alibaba, and Meituan rebounded by 2.39%, 2.24%, and 3.53%, respectively, compared to the previous day.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![User Who Sold Erroneously Deposited Bitcoins to Repay Debt and Fund Entertainment... What Did the Supreme Court Decide in 2021? [Legal Issue Check]](https://cwcontent.asiae.co.kr/asiaresize/183/2026020910431234020_1770601391.png)
