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On July 23, MOFCOM said year-to-date the consumer-goods trade-in-for-new policy raised funding leverage to 1:10.3 from 1:7.8 last year, driving over 1.25 trillion yuan in sales and benefiting about 169 million people. MOFCOM said the measure has supp

2026-07-23

On July 23, MOFCOM said year-to-date the consumer-goods trade-in-for-new policy raised funding leverage to 1:10.3 from 1:7.8 last year, driving over 1.25 trillion yuan in sales and benefiting about 169 million people. MOFCOM said the measure has supported consumption stability, promoted industrial upgrading and increased recycling resources.

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2026-07-23

Hong Kong stocks closed higher; HSI up 1.28%, Hang Seng Tech Index up 0.65%. Heavy machinery, power equipment, building materials & cement and non-ferrous metals led gains. Semiconductor names retraced—Hua Hong Hongli (01347.HK) down 7.49%.

Hong Kong stocks closed higher; HSI up 1.28%, Hang Seng Tech Index up 0.65%. Heavy machinery, power equipment, building materials & cement and non-ferrous metals led gains. Semiconductor names retraced—Hua Hong Hongli (01347.HK) down 7.49%.
2026-07-23

China's Shanghai Composite Index opened 1.05 points higher, or 0.03%, at 3868.09 on Thursday, July 23. The Shenzhen Component Index opened 54.59 points higher, or 0.39%, at 14116.02. The CSI 300 Index opened 17.93 points higher, or 0.38%, at 4735.17.

China's Shanghai Composite Index opened 1.05 points higher, or 0.03%, at 3868.09 on Thursday, July 23. The Shenzhen Component Index opened 54.59 points higher, or 0.39%, at 14116.02. The CSI 300 Index opened 17.93 points higher, or 0.38%, at 4735.17. The ChiNext Index opened 30.0 points higher, or 0.84%, at 3596.73. The STAR Market 50 Index opened 16.53 points higher, or 0.89%, at 1876.61.
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