Related News
Shanghai shares rebound to nearly a 3-month high
Online Edition
Shanghai stocks rose to the highest level in nearly three months as the city’s free trade zone-related shares surged on the news that the government has set a timetable for financial reforms in the zone.
The benchmark Shanghai Composite Index gained 1.27 percent to 2,250.83 points by the noon break.
Shanghai will implement liberalized financial policies in the free trade zone in one year and will promote economic development with greater opening, Zhang Xin, chief of the Shanghai headquarters of the People’s Bank of China, said in a statement yesterday.
The central bank unveiled a raft of financial policies for the zone on Monday, outlining 30 measures to facilitate cross-border investment and transaction.
Shanghai Waigaoqiao Free Trade Zone Development Co Ltd surged by the daily limit of 10 percent to 38.15 yuan. Shanghai International Port Co Ltd also jumped 10 percent to 5.04 yuan.
Agriculture-related shares also gained on hopes that the government will soon offer subsidies to support ecological development of the sector.
Heilongjiang Agriculture Co Ltd advanced 2.6 percent to 13.48 yuan. Zhongken Agricultural Resource Development Co Ltd added 1.8 percent to 9.01 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
