China A50 Index gains 10%

Since July 3 until July 6, the China A50 Index gained 10.11%.

It is likely that the advance was triggered by positive Caixin Services PMI survey results published by Markit. The Purchasing Managers' Index jumped to 58.4, the greatest results since April 2010.

The results suggest that Chinese economic recovery is getting more balanced as one of the world's largest consumer markets.