Shenzhen Stock Exchange in Shenzhen, south China’s Guangdong Province Photo: Xinhua
China’s A-share markets opened high on Tuesday following a strong recovery across the domestic tourism industry over the Qingming Festival holidays.
The benchmark Shanghai Composite Index rose 0.21 percent on Tuesday, while the Shenzhen Composite Index grew 0.38 percent. The NASDAQ-style board ChiNext increased 0.46 percent.
Stocks of semiconductor materials, military industrial, iron and steel unit performed strong.
Trading at the Hong Kong exchange closed on Tuesday due to Easter holiday.
“The tourism recovery during the Qingming Festival holidays was unexpected, with the recovery level even surpassing that of 2019, laying a solid…