Tianjin chips rise under plan to develop harbor

By Ji Xiang | October 8, 2014, Wednesday |

Online Edition

SHANGHAI stocks rose 0.3 percent to 2,370.86 points in midday trading, boosted by the strong performance of companies related to Tianjin’s port business.

The central government recently approved the plan to enlarge the capacity of Tianjin Harbor by increasing the size of open waters, aiming to meet the growing needs of international trade. All the sea ports in Tianjin will be covered in the new blueprint.

Tianjin Port surged the daily limit of 10 percent to 11.88 yuan, while Tianjin Marine Shipping jumped 5.22 percent to 9.48 yuan.

Finance

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Tianjin chips rise under plan to develop harbor

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