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Chinese shares close higher Tuesday

China

China

China

Chinese shares close higher Tuesday

2026-07-21 16:48 Last Updated At:17:47

Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 1.79 percent to 3,864.37 points.

The Shenzhen Component Index closed 4.81 percent higher at 14,264.29 points.

The combined turnover of stocks covered by these two indices stood at 2.97 trillion yuan (about 437 billion U.S. dollars), up from 2.7 trillion yuan in the previous trading day.

Stocks related to semiconductors and memory chips led the gains, while those related to oil and gas, as well as medicine and healthcare were among the top decliners.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 7.05 percent to close at 3,685.97 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 8.75 percent higher at 2,060.48 points on Tuesday.

Chinese shares close higher Tuesday

Chinese shares close higher Tuesday

Chinese shares close higher Tuesday

Chinese shares close higher Tuesday

A China Coast Guard (CCG) spokesman announced that, out of humanitarian considerations, Chinese authorities on Tuesday morning permitted the transfer of injured personnel from a Philippine vessel that was illegally "grounded" at China's Ren'ai Jiao in the South China Sea.

Jiang Lue, spokesman for the CCG, said the transfer, under the monitoring of the Chinese side, was conducted via a small boat of a Philippine vessel.

The transfer came a day after Philippine personnel from the illegally grounded Philippine ship LT-57 carried out a malicious provocation, attacking a CCG patrol boat with oars, poles and other tools and injuring a CCG officer's right arm. The CCG responded with maximum restraint, taking lawful measures to stabilize the situation.

The CCG will continue to carry out law-enforcement activities to safeguard China's territorial sovereignty and maritime rights and interests at Ren'ai Jiao and its surrounding waters in accordance with the law, the spokesman added.

China permits injured Philippine personnel transfer from illegally grounded vessel

China permits injured Philippine personnel transfer from illegally grounded vessel

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