Chinese private companies listed overseas continued to outperform the China’s state-owned enterprises, CES CPE jumped 3.6%, to 6,534. The index is up near 78% in 2017, with tech giants like Alibaba and Tencent posting huge gains.
Shanghai, Shenzhen and Hong Kong-listed Chinese blue-chip index CES 120 rose 2.9% to 6,838 on strong China’s inflation data, almost hitting decade-peak.
Macau casino stocks rally on a recent Morgan Stanley’s report suggesting that Macau’s gaming revenue could increase twofold by 2022, CES G10 jumped 3.0% to 5,680.