Shanghai Composite Index Closes Up 0.5% at 3435.29
[Asia Economy Reporter Eunbyeol Kim] On the 29th, the Shanghai Composite Index closed at 3435.29, up 0.5% from the previous trading day.
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The rise in the Chinese stock market appears to have been influenced by the industrial enterprise profits announced last weekend. On the 27th, the National Bureau of Statistics of China announced that the profits of Chinese industrial enterprises from January to February surged 179% year-on-year to 1.114 trillion yuan (approximately 192.66 trillion won).
This content was produced with the assistance of AI translation services.
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