China stocks rise on state-backed buying; property shares fall
Fri, Mar 29, 2024 2:47 PM

China stocks rise on state-backed buying; property shares fall

A Flip by Riya Sharma
Get it on Google Play
China stocks rose on Friday as optimism from evidence of state-backed buying offset lingering worries about the property sector. The Hong Kong market was closed for a public holiday. ** Sentiment was boosted by mutual fund disclosure showing state investor Central Huijin has been buying stakes in bluechip funds to bolster the market. ** But property shares fell after a string of Chinese property.

More great flips

Stock market today: Asian shares rise, cheered by last week's tech rally

Stock market today: Asian shares rise, cheered by last week's tech rally

Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week.Sydney's S&P/ASX 200 added 0.6% in early trading to 7,621.40. South Korea's Kospi surged nearly 1.0% to 2,681.73. Hong Kong's Hang Seng jumped 1.2% to 17,859.39.

Open Flip
Supreme Industries share price surges over 8% buoyed by Q4 result

Supreme Industries share price surges over 8% buoyed by Q4 result

Supreme Industries share price: Shares of Supreme Industries continued witnessing strong buying interest on Monday, April 29, as the stock jumped over 8 per cent in morning trade on BSE, buoyed by the company's healthy March quarter result.Supreme Industries share price opened at ₹4,430.55 against its previous close of ₹4402.30 and rose over 8 per cent to hit the day's high of ₹4,758.85.

Open Flip
Apollo Hospitals announces deal with Advent; stock down 8% on valuation

Apollo Hospitals announces deal with Advent; stock down 8% on valuation

Shares of Apollo Hospitals Enterprise fell over 8 percent in intra-day trading today (April 29) after the firm announced that it will raise ₹2,475 crore (approximately $300 million) through private equity firm Advent International for its unit Apollo HealthCo. This unit manages Apollo's Apollo 24/7 vertical. Additionally, there are plans to merge Keimed.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon