Chinese Stocks Close Up After PBOC OMOs Interest Rate Cut
Tang Shihua
DATE:  Nov 18 2019
/ SOURCE:  yicai

(Yicai Global) Nov. 18 -- China's major mainland stock indexes closed up at the lunch break as investors took hope from China Central bank's interest rate cut in its reverse repo open market operation, the first such cut in more than four years.

The Shanghai Composite Index was up 0.58 percent to 2,908.12 midday. The Shenzhen Component Index ended up 0.76 percent to 9,721.46. The ChiNext Price Index, which tracks Shenzhen-listed growth stocks, gained 0.47 percent to 1,682.60.

Editor: Ben Armour 

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