China stocks surge on speculation of more stimulus

The Mainland China stock market ended sharply higher on Wednesday, 02 December 2015, on speculation of more economic stimulus measures from the People's Bank of China after raft of latest indicators signaling a deepening economic slowdown. The Shanghai Composite Index ended 2.33%, or 80.60 points, up at 3536.91 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, declined 0.41%, or 8.97 points, to close at 2189.31. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was down 1.58%, or 42.08 points, to close at 2613.26.

Powered by Capital Market - Live News