Shanghai: Stocks extend rally at open on Monday
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets.
The benchmark Shanghai Composite Index rose 0.59 per cent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 per cent, or 11.72 points, to 1,275.53.
And the Hang Seng Index added 0.79 per cent, or 202.39 points, to 25,763.79.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?