Chinese equities end mixed after 2-day rise

Source: Xinhua | 2018-05-23

CHINESE shares closed mixed yesterday after a two-day gaining streak.

Both main board indices opened lower. The Shanghai Composite Index gained 0.02 percent to 3,214.35 points. The Shenzhen Component Index closed flat at 10,765.81 points.

Aiyingshi, a Shanghai-headquartered chain store that sell baby products, surged by the maximum cap of 10 percent to 74.54 yuan(US$11.68).

Shares of Fibocom Wireless Inc, a Chinese wireless module maker and Internet of Things solution provider, gained 10 percent to 49.89 yuan after US President Donald Trump was reportedly working on lifting the seven-year sales ban on ZTE.