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Shanghai Composite +0.28% at midday, Shenzhen Composite +0.97%, ChiNext +1.03%. Shanghai- and Shenzhen-listed turnover 1.37 tln yuan, down 246.9 bln vs prior session. About 4,400 stocks advanced. Moderna (MRNA.O) cancer vaccine news lifted the vaccin

2026-08-20

Shanghai Composite +0.28% at midday, Shenzhen Composite +0.97%, ChiNext +1.03%. Shanghai- and Shenzhen-listed turnover 1.37 tln yuan, down 246.9 bln vs prior session. About 4,400 stocks advanced. Moderna (MRNA.O) cancer vaccine news lifted the vaccine/biotech and innovative drug complex and CROs, with more than 20 stocks hitting daily limit-ups, including Sanyuan Gene, Shiyao Chuangxin, Watson Biotech, Shuanglu Pharmaceutical and Wantai Biological. Gold-related names rallied, several to limit-up (Nankuang Group, Baoding Technology, Shen Zhonghua A); Xinye Silver-Tin, Chifeng Gold and Shandong Gold also gained. Palm oil (CPO) names recovered, with Changyingtong and Zhongjing Electronics on limit-up. Planting and forestry sectors pulled back; Hualv Biotech fell over 13% intraday while Wanxiang Denong, Agricultural Development Seeds and Beidahuang were among the largest decliners. Fluorochemical, coal and phosphate chemical sectors led losses.

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2026-08-20

According to the Financial Times, Elon Musk's Starlink company has applied to India for approval for its satellite network, which uses direct-connect technology.

According to the Financial Times, Elon Musk's Starlink company has applied to India for approval for its satellite network, which uses direct-connect technology.
2026-08-19

Mizuho Bank raised its price target for Snowflake (SNOW.N) from $295 to $355.

Mizuho Bank raised its price target for Snowflake (SNOW.N) from $295 to $355.
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