Crypto Bucks Chinese Stock Markets' Downward Trend in Morning
Dou Shicong
DATE:  Apr 08 2020
/ SOURCE:  yicai

(Yicai Global) April 8 -- China's mainland stock markets fell back this morning from yesterday's significant gains. Meanwhile, the digital currency sector extended its strong performance.

The Shanghai Composite Index started 0.53 percent lower at 2,805.92. The Shenzhen Component Index was at 10,372.76, down 0.54 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, fell 0.48 percent to 1,960.36.

HyUnion Holding [SHE:002537], a Shandong province-based third-party payment provider, surged 10 percent for its second day in a row to CNY6.15 (US 87 cents) by the opening bell, leading the cryptocurrency sector.

Editor: Emmi Laine 

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Keywords:   Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index