Home / Markets / Daily Recap / Momo Inc. (NASDAQ:MOMO – $MOMO) up +12.77% on 2017-03-08

Momo Inc. (NASDAQ:MOMO – $MOMO) up +12.77% on 2017-03-08

On Wednesday (2017-03-08) Momo Inc. (NASDAQ:MOMO) was up +12.77% making it the best performing internationally tradeable Chinese stock today.

Other notable gainers were Xinchen China Power Holdings Ltd (HKG:1148) 1.78 HKD (+11.25%), Bitauto Holdings Limited (NYSE:BITA) 23.85 USD (+8.02%) and Zhejiang Expressway Co Ltd (HKG:0576) 9.48 HKD (+7.24%).

The worst-performing Chinese stocks were Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) 1.125 SGD (-4.66%), Zhongmin Baihui Retail Group Ltd (SGX:5SR) 1.05 SGD (-4.55%) and China Customer Relations Centers Inc. (NASDAQ:CCRC) 12.26 USD (-4.07%).

Sector summary

The best-performing sector was: Consumer Goods (+1.46%)
While the worst-performing sector was: Oil and Gas (-0.83%)

Chinese stock indexes

Chinese stock indexes were mixed. Shanghai Composite Index was 3240.23 down -0.21%, Shenzhen Composite Index was 2024.28 down -0.36% and Hong Kong Hang Seng Index was 23782.27 up +0.43%.

Source: WealthyTec, Inc. As of March 08, 2017 @ 05:00:58 UTC. Notes: Daily recap focuses solely on internationally tradeable Chinese stocks. Currently, New York, Hong Kong and Singapore listed Chinese stocks are considered internationally tradeable. Top gainers and losers data excludes stocks with market capitalization less than USD 100 million. Sector summary is based on 648 internationally tradeable Chinese stocks. Disclaimer: All the information is provided “as is”. WealthyTec will not be liable for any errors in the content.

About WealthyTec Team

WealthyTec Team is a small but growing number of Financial Technology enthusiasts building the world's best Automated China Investment Advisor (robo-advisor). Numerous contributors write under "WealthyTec Team".

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