Investors make a beeline for Xiongan New Area stocks

Companies related to Xiongan New Area saw their share prices surge on Friday, a day after an official release outlined the guidelines for the area.

Xiongan New Area concept stocks showed the most robust growth of 2.15 percent on Friday, while the bench mark Shanghai Composite Index gained 0.63 percent to close at 3,289.02 points. The Shenzhen Component Index rose 0.04 percent to 10,662.79.

Companies such as Hubei Huitian New Materials, Beijing Hanjian Heshan Pipeline and Beijing Egova saw their prices surge by the daily limit of 10 percent.