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China Daily | Updated: 2024-12-11 00:00
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Mainland shares close higher

Chinese mainland shares closed higher on Tuesday, with the benchmark Shanghai Composite Index rising 0.59 percent to 3,422.66 points. The Shenzhen Component Index closed 0.75 percent higher at 10,812.58 points. The combined turnover covered by the two indexes stood at 2.2 trillion yuan ($306.03 billion), up from 1.63 trillion yuan recorded in the previous trading day. Shares in the dairy and humanoid robot sectors led the gains, while those related to precious metals and coal mining saw significant declines. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.69 percent to close at 2,264.05 points.

NEV car sales surge in November

China's new-energy passenger vehicle market continued to see robust growth in November, with retail sales reaching nearly 1.27 million units, industry association data showed. The figure marked a 50.5 percent year-on-year increase and a 5.9 percent jump from the previous month, according to the China Passenger Car Association. In November, production of new energy passenger vehicles reached about 1.48 million units, representing a 49.3 percent year-on-year increase and a 7.1 percent rise from the previous month.

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