Chinese Stocks Eke Out Gains to Close Higher on Interest Rate, Shenzhen Stimulus Plans
Tang Shihua
DATE:  Aug 19 2019
/ SOURCE:  yicai

(Yicai  Global) Aug. 19 -- Stock markets on China's mainland extended morning  climbs in the afternoon as investors grew confident about the  government's efforts to put the economy back on track of rapid growth,  including plans of reforming the loan prime rate mechanism and  transforming Shenzhen into a leading global economic hub.

The  Shanghai Composite Index rose 2.1 percent to close at 2,883. The  Shenzhen Component Index was up 3 percent at 9,328. The ChiNext Price  Index, which tracks growth enterprises listed in Shenzhen, jumped 3.5  percent to 1,622.

Editor: Emmi Laine 

Follow Yicai Global on
Keywords:   Stock Market,Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index