Small-cap stocks buoy up China market

The Mainland China stocks ended stronger on Tuesday, 20 October 2015, on the back of sharp gains in mid-cap and small-cap stocks in late hour, as better-than-expected third-quarter economic growth of 6.9% eased angst about a hard landing and offered some evidence of success in Chinese economic restructuring. The Shanghai Composite Index advanced 1.14%, or 38.63 points, to close at 3425.33 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, grew 1.97%, or 38.84 points, to 2008.48. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, added 3.19%, or 77.57 points, to close at 2511.16.

Powered by Capital Market - Live News