Related News
Shanghai shares up 0.36% in morning trading
Online Edition
SHANGHAI stocks gained this morning as metal producers and heavy manufacturers advanced.
The key Shanghai Composite Index added 0.36 percent, or 7.30 points, to 2,051. Half-day turnover was 34.4 billion yuan.
The market was boosted by expectation that the government will step up effort to bolster economy following dismal economic data released recently.
The State Council, China’s cabinet, announced stimulus measures on Wednesday after a meeting chaired by Premier Li Keqiang. The measures include spending on shantytown renovations and railway construction and preferential tax policy for small companies.
“These measures clearly show that the pace of policy easing is picking up,” Zhang Zhiwei, economist with Nomura Holdings Inc, wrote in a note.
Non-ferrous metal producers led the market up. Inner Mongolia Baotou Steel Rare-earth (Group) Hi-tech Co Ltd rose 5 percent to 21.05 yuan. Xiamen Tungsten Co Ltd jumped 5.8 percent to 25.35 yuan. Rising Nonferrous Metals Share Co Ltd advanced 5.6 percent to 36.20 yuan.
Guangzhou Shipyard International Co Ltd gained 5.1 percent to 17.24 yuan. Jiangxi Hongdu Aviation Industry Co Ltd added 2.1 percent to 15.79 yuan. Hafei Aviation Industry Co Ltd increased 1.1 percent to 25.45 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.
