(Yicai Global) Nov. 9 -- Chinese stock markets opened higher after other Asian bourses also rose amid a buoyant mood at the end of the uncertainty shrouding the US election.
The Shanghai Composite Index opened at 3,329.43, up 0.52 percent. The Star Market Board 50 Index, or Star 50, began 0.35 percent higher at 1,446.47.The Shenzhen Component Index rose 0.69 percent to 13,934.37. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, went up 0.76 percent to 2,753.93.
The result of the US balloting is still officially up in the air, but investors already believe Joe Biden has managed to shoehorn his way into the White House, and most Asian stock markets have risen in consequence.
The Nikkei 225 index opened up 1 percent. South Korea's KOSPI index started off 0.97 percent higher. Hong Kong's Hang Seng Index set out up 1.73 percent.
Editor: Ben Armour