Bargain-Buying Binge Boosts China's Major Stock Indexes to Multi-Month Highs
Tang Shihua
DATE:  Feb 13 2019
/ SOURCE:  yicai

(Yicai Global) Feb. 13 -- Chinese investors' continued buying spree this morning lifted the country's major indexes to new heights.

Investors hoovered up stocks in a frenzy as trading volume has increased  daily, with index values rocketing as the fear of being left behind and losing out on steals drew more investors to belly up to the trough.

The benchmark Shanghai Composite Index rose 0.94 percent to 2,697.11 points as the curtain fell. The Shenzhen Component Index clambered to 8,112.66 points, up 1.28 percent -- both new highs since the middle of November.

The ChiNext Price Index, which tracks growth enterprises in Shenzhen, ended up 1.45 percent at 1,351.53 points in a level unseen since early December.

Editor: Ben Armour

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Keywords:   Stock Market,Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index