- Joined
- Jun 29, 2004
- Messages
- 2,821
- Reaction score
- 1
http://news.bbc.co.uk/2/hi/business/6286001.stm
Chinese stocks have closed at a record high, led by strong gains in retail and transportation shares.
The Shanghai Composite index, rose 3.6% to close at 2,933.19 while the smaller Shenzhen Composite Index surged 4.2% to 700.20 - both record levels.
Retail shares lifted on strong sales expectations for the Chinese New Year, which is in mid-February.
Bus firm Beijing Bashi shares jumped 10%, the daily limit, to 9.96 yuan and Daqin Railway surged 10% to 10.07 yuan.
Chinese stocks have closed at a record high, led by strong gains in retail and transportation shares.
The Shanghai Composite index, rose 3.6% to close at 2,933.19 while the smaller Shenzhen Composite Index surged 4.2% to 700.20 - both record levels.
Retail shares lifted on strong sales expectations for the Chinese New Year, which is in mid-February.
Bus firm Beijing Bashi shares jumped 10%, the daily limit, to 9.96 yuan and Daqin Railway surged 10% to 10.07 yuan.
