The Chinese stock market index CSI 300 stays near historic high
CSI 300 is 12% higher against the beginning of 2020
The stock market index Shanghai Shenzhen 300 (CSI 300) closed the session of Friday, September 25, at a level of 4,570.02 points, lower compared to last Friday, when it stood at 4,737.09 points. Nevertheless, the index maintains a level, which is significantly higher than the pre-pandemic figures. In March CSI 300 fell to 3,530.31 points, which was a one-year low.
CSI 300 is 12% higher since the beginning of 2020 and is hovering around the same historic high levels since mid-July, signalling optimistic sentiment among the market players.
Further data and analysis on China’s economy is available on the CEIC China Economy in a Snapshot – Q3 2020 report.