Chinese Stocks Start Higher, Hold to Post-Holiday Streak
Tang Shihua
DATE:  Feb 13 2019
/ SOURCE:  yicai

 (Yicai Global) Feb. 13 -- China's stock markets opened higher again today, sustaining a two-straight day strong rally following the country's week-long Spring Festival holiday.

Optimism that the upcoming high-level China-US trade talks might finally break through to reach common ground and end the uncertainty that has weighed on the market for the past half year buoyed investors' confidence.

The Shanghai Composite Index rose 0.10 percent to 2,674.52 points at the opening bell. The Shenzhen Component Index scaled to 8,029.97 points, up 0.25 percent, and the ChiNext Price Index, which tracks growth enterprises in Shenzhen, also climbed 0.22 percent to 1,335.16 points.

The world's largest and second-largest economies will hold high-level negotiations from Feb. 14-15 in Beijing to smooth over their remaining peeves before the end of month deadline for more tariffs to activate.

Editor: Ben Armour

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