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China market skyrockets 4.3%

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Capital Market
The Mainland China stock market skyrocketed on Wednesday, 04 November 2015, on news of an exchange link between the Hang Seng and the mainland Shenzhen index as well as bullish comments from Chinese President Xi Jinping that the country can maintain its economic growth target of 7%. The Shanghai Composite Index advanced 4.31%, or 142.94 points, to close at 3459.64 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 5.12%, or 101.82 points, to close at 2089.29. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was up 6.38%, or 155.05 points, to close at 2584.32.

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First Published: Nov 04 2015 | 6:03 PM IST

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