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Chinese shares jump over IPO delay reports (2)

16:53, July 23, 2013

An investor is seen in front of a screen showing stock information at a trading hall of a securities firm in Wuxi City, east China's Jiangsu PRovince, July 23, 2013. Chinese shares jumped on Tuesday as the country's securities regulator is reportedly delaying massive resumption of initial public offering, easing investors' concerns over market liquidity. The benchmark Shanghai Composite Index rose 1.95 percent, or 39.11 points, to end at 2,043.88, and the Shenzhen Component Index jumped 3.64 percent, or 279.48 points, to 7,963.7. (Xinhua/Zhu Jipeng)

BEIJING, July 23 (Xinhua) -- Chinese shares jumped on Tuesday as the country's securities regulator is reportedly delaying massive resumption of initial public offering, easing investors' concerns over market liquidity.

The benchmark Shanghai Composite Index rose 1.95 percent, or 39.11 points, to end at 2,043.88, and the Shenzhen Component Index jumped 3.64 percent, or 279.48 points, to 7,963.7.

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