Xiongan shares up as construction continues

Stocks related to the Xiongan New Area in North China's Hebei province are seeing a fresh uptrend as construction for the zone pushes ahead.

Shares of 15 companies involved in the Xiongan area's development, including those in environmental protection, mechanical engineering and construction materials, surged by the 10 percent upside limit on March 8, according to a report by Shenzhen Economic Daily.

About 34 percent of 79 Xiongan-related shares rose by more than 5 percent, Chongqing Economic Times reported.