Shanghai index jumps 2.4%
Updated: 2015-04-22 17:03
By Dai Tian(chinadaily.com.cn)
|
|||||||||||
Investor smile in a brokerage in Zhejiang, Hangzhou province, on April 22, 2015. [Asianewsphoto by Long Wei] |
The Shanghai Composite Index jumped 104.87 points to close at 4,398.49, while the Shenzhen Component Index added 2.2 percent to close at 14,749.13 points.
Brokerages rallied as Haitong Securities and Western Securities jumped by the daily limit of 10 percent. Huatai Securities and CITIC Securities gained 8.5 and 7.8 percent respectively.
Nuclear electricity companies remained bullish, with machinery maker China First Heavy Industries, Shanghai Electric and Zhejiang Zheneng Electric Power Co surging by the daily limit.
Other electricity firms such as Datang International Power Generation Co and SDIC Power Holding advanced 6 and 5.3 percent respectively.
Internet finance also led gains as market information provider East Money and Tonghuashun both jumped 10 percent. Shenzhen Sino Data gained 6.4 percent.
The property sector rebounded with the industrial gauge climbing nearly 4 percent following the central bank's announcement of a 1 percentage point cut on reserve requirement ratio from Monday. Huayuan Property surged 9.1 percent and China National Real Estate Development Group 8.2 percent.
The CSI 300 index closed at 4,739.81 points, up 2.6 percent.
Related Stories
Turnover explosion crashes Shanghai stock market software 2015-04-21 09:31
Revisions will end CSRC approval of IPOs 2015-04-21 07:10
Investors hang on for a roller coaster ride 2015-04-21 07:09
Raging bull on the rampage in China's markets 2015-04-18 17:02
New stock accounts surged over 400% in Q1 2015-04-18 14:30
Money managers to boost A-share holdings 2015-04-18 08:12
Today's Top News
Britain celebrates Queen Elizabeth II 's 89th birthday
Cuban FM visits France over relations
Auschwitz bookkeeper goes on trial in Germany
Russia willing to restore relations with Kiev: Putin
Asian markets jumpstart UK car industry
Smog magnifies staffing woes for EU firms
Silk Road initiatives to connect people's hearts
AIIB to operate in 'transparent way'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Festival Special: Apps that make holiday shopping easier |
Listed firms caught in anti-corruption net |
Conca set to return to China |