Chinese Shares Close Higher as Investors Show No Inflation Fears
Yicai Global
DATE:  Feb 10 2020
/ SOURCE:  yicai

(Yicai Global) Feb. 10 --  China's major mainland stock market indexes finished the day higher  while investors shrugged off inflationary pressures rising from food  price hikes amid the new coronavirus outbreak.

The Shanghai Composite  Index climbed 0.51 percent to 2,890.49. The Shenzhen Component Index  finished 1.10 percent stronger at 10,728.46. The ChiNext Price Index,  which tracks growth enterprises listed in Shenzhen, edged up 1.31  percent to 2,042.18.

China's consumer prices  rose 5.4 percent last month from a year earlier, reaching the highest  pace in eight years, the National Bureau of Statistics said in a  statement today. Growing food prices were a major reason for the  change. 

Editor: Emmi Laine 

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