[Seoul=Newsis] Reporter Ye-seong Moon = The Chinese stock market closed higher on the 18th.
The Shanghai Composite Index closed at 3251.07, up 1.12% from the previous day.
The Shenzhen Component Index rose 0.31% to 12,238.65, up 0.31% from the previous market, and China Next, which is called the Chinese version of Nasdaq, finished trading at 2713.79, up 0.11% from the previous one.
The Shanghai Composite Index, which started at 3207.15, down 0.25% from the previous day, fluctuated with small fluctuations in the morning market, and continued an overall upward trend in the afternoon market and ended up rising.
The Shanghai Composite Index closed higher for the third day in a row, maintaining the 3,200 level.
This upward trend is interpreted as the governments expectations for economic stimulus.
Coal and travel were strong in the market that day, while cryptocurrencies and semiconductors were weak.