SHANGHAI :
Chinese Stocks Take Off in Morning as US Election Haze Lifts
Xu Wei
DATE:  Nov 09 2020
/ SOURCE:  Yicai
Chinese Stocks Take Off in Morning as US Election Haze Lifts Chinese Stocks Take Off in Morning as US Election Haze Lifts

(Yicai Global) Nov. 9 -- Chinese stock markets closed sharply higher at noon amid a festive mood at the end of the uncertainty shrouding the US election.

The Shanghai Composite Index closed at 3,375, up 1.9 percent at the lunch break, While the Shenzhen Component Index surged 2.43 percent to 14,174. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, soared 3.27 percent to 2,822.

The result of the US voting is still officially up in the air, but investors already believe Joe Biden has managed to shoehorn his way into the White House.

Editor: Ben Armour

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Keywords:   Stock,Closed,Morning