(Yicai Global) Jan. 13 -- China's mainland stock markets kicked off this week on different tracks while electric car manufacturers led the markets, spurred by promises of stable policy support. Shenzhen's benchmarks started stronger than Shanghai's.

The Shenzhen Component Index rose 0.13 percent to 10,894.00. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, climbed 0.06 percent to 1,905.40. The Shanghai Composite Index fell 0.03 percent to 3,091.49.

China will not further cut new energy vehicle makers' government subsidies this year, Miao Yu, minister of Industry and Information Technology, said at a conference yesterday. This caused NEV makers to rally, with BYD's shares [SHE:002594] opening 10 percent higher at CNY51.61 (USD7.50). 

Editor: Emmi Laine