(Yicai Global) June 23 – The Shenzhen bourse’s Nasdaq-style ChiNext board closed at its highest level in four years, driven upwards by big gains in online game developers and other internet firms.
The ChiNext Index [SHE:399006], which tracks growth enterprises in Shenzhen, edged up 1.67 percent today to close at 2,382.05, its highest point since Jan. 7, 2016.
Virtual game software developers Sichuan Xunyou Network Technology [SHE:300467] and Youzu Interactive [SHE:002174] both hit the exchange-imposed daily limit of 10 percent, reaching CNY17.35 (USD2.46) and CNY25.10. Liquor makers, medical firms and security brokers also advanced strongly.
The Shanghai Composite Index climbed 0.18 percent to end the day at 2,970.62 and the Shenzhen Component Index inched up 0.78 percent to 11,794.01.
Editor: Kim Taylor
