1st LD-Writethru: Chinese shares rise on Friday, led by liquor stocks
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E-mail Xinhua, June 4, 2021
BEIJING, June 4 (Xinhua) -- Chinese stocks closed higher on Friday, reversing the downward trend seen over the last two trading days.
The benchmark Shanghai Composite Index gained 0.21 percent to hit 3,591.84 points, and the Shenzhen Component Index inched up 0.74 percent to 14,870.91 points.
The combined turnover of stocks covered by the two indices was 937.5 billion yuan (about 146.32 billion U.S. dollars), down from 955.8 billion yuan the previous trading day.
Shares related to Baijiu (distilled spirits) and lithium batteries saw strong performances, while those related to oil, coal and digital currency led the decline.
Gansu Huangtai Wine-Marketing Industry Co., Ltd. rose by 10 percent, and liquor maker Sichuan Swellfun Co., Ltd., climbed 7.02 percent.
The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, gained 1.28 percent to close at 3,242.61 points on Friday. Enditem
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