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Strong rises as investors focused on tech stocks

By Bloomberg | China Daily | Updated: 2015-10-21 07:50

Chinese stocks rose, sending the benchmark index to the highest level in two months, after economic data showed faster growth in the services sector and margin debt posted its longest stretch of gains since August.

The Shanghai Composite Index added 1.1 percent to 3,425.33 points, the highest close since Aug 21. The ChiNext Composite Index, whose 484 stocks represent the most dynamic parts of the economy such as technology and biotech, advanced 2.9 percent to 2,787.16 points in Shenzhen.

Siasun Robot & Automation Co climbed 4.6 percent. Hundsun Technologies Inc, which runs a financial investment trading platform known as HOMS, surged 10 percent to its highest level since Aug 17.

Strong rises as investors focused on tech stocks

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