Reassuring figures help boost stock performance
By Shi Jing in Shanghai | China Daily | Updated: 2019-01-22 07:53
China's A-share market is showing signs of a slow recovery, with the Shanghai Composite Index rising 0.56 percent to close at 2610.51 points on Monday and the Shenzhen Component Index gaining 0.59 percent to close at 7626.24 points.
According to Shanghai-based market information provider Wind Info, the combined trading value in Shanghai and Shenzhen topped 300 billion yuan ($44 billion) on Monday. The stock prices of nearly 40 companies hit the daily increase limit of 10 percent.
Industries including telecommunication, winemaking, ports, fertilizer, power supply, home appliances, papermaking and pharmaceuticals led the increase.
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