China's Stock Markets Make A Bullish Start In October(Yicai Global) Oct. 09 -- China's stock markets made a strong start after the week-long National Day holiday. The Shanghai Composite Index opened above 3400 points and hit a new 22-month high on Monday.
The Shanghai Composite Index surged 1.62 percent to 3,403.25 points at the open, and then pulled back 3380 point at 10:00 a.m.
The Shenzhen Component Index opened at 1,1248.35 points, up 1.45 percent.
The Growth Enterprise Index rose up 1.23 percent to 1,889.89 points.
The stocks of automobile manufacturers soared 4.9 percent, inspired by the optimistic sentiment of the market.
