} ?>
(Yicai Global) April 30 -- China’s mainland markets opened higher this morning as the government's preferable car consumption policies spread optimism in the bleeding auto market while the tourism and hospitality sectors rose with buoyant expectations for the upcoming five-day Labor Day holiday.
The Shanghai Composite Index climbed 0.35 percent to 2,832.38. The Shenzhen Component Index was up 0.58 percent at 10,575.52. The ChiNext which tracks growth enterprises listed in Shenzhen, gained by 0.7 percent to 2,044.68.
Biotechnology and shipping shares declined the most.
Editor: Emmi Laine