Shanghai stocks close up 3.69% on short-selling limits

Source: AFP | August 4, 2015, Tuesday |

Online Edition

Shanghai stocks closed up 3.69 percent on Tuesday amid a late spurt of buying after China's two stock exchanges announced new rules to restrict short-selling, dealers said.

The benchmark Shanghai Composite Index surged 133.63 points to 3,756.54 on turnover of 464.0 billion yuan (US$75.8 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, soared 4.76 percent, or 97.83 points, to 2,150.95 on turnover of 442.4 billion yuan.

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Shanghai stocks close up 3.69% on short-selling limits

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