China's stock markets rebounded on Wednesday
Updated: 2013-07-10 18:56
By Huang Tiantian (chinadaily.com.cn)
|
|||||||||||
Shares soared in the Shanghai and Shenzhen stock markets on Wednesday, with securities companies and the scarce-resources sector the most bullish, sending the benchmark Shanghai Composite Index back to the psychologically important 2,000 level.
The Shanghai Composite Index jumped 42.68 points, or 2.17 percent, to 2,008.13 points, the biggest advance since March 20.
The Shenzhen Component Index closed at 7,851.257 points, up 3.3 percent, while the Hang Seng China Enterprises Index, which is for mainland companies traded in Hong Kong, rose 1.81 percent.
Li Daxiao, an analyst with Yingda Securities, said that the fact that the SCI went back to 2,000 points level will help investors regain confidence.
Related Stories
China's stock market sees mild rebound 2013-07-02 06:18
Shanghai stock market plunges by 5.3 percent 2013-06-24 21:40
Today's Top News
China, US hold talks on cyber security
China's foreign trade rises 8.6% in H1
Snowden has not accepted asylum in Venezuela
Teenage girls were best friends
Japan tags China as 'security threat'
Headwinds may buffet growth
QFIIs hope for expansion of program
Shenzhen Red Cross denies organ claim
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Jiangnan Style |
Hospital ship lends a helping hand |
Elderly willpower gets a boost |
Pain lingers after Xinjiang attack |
Tunnel builders sweat it out on new rail line |
Graduates face grim hunt for job |