Chinese stocks rally on upbeat economic data

Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

An investor is seen in front of a screen showing stock information at a trading hall of a securities firm in Shanghai, east China, Sept. 9, 2013. Chinese shares rallied on Monday as newly released data concerning consumer inflation, producer price and foreign trade pointed to a strengthening national economy. (Xinhua/Ding Ting)

Chinese shares rallied on Monday as newly released data concerning consumer inflation, producer price and foreign trade pointed to a strengthening national economy.

The benchmark Shanghai Composite Index surged 3.39 percent, or 72.52 points, to finish at 2,212.52.

The Shenzhen Component Index gained 2.71 percent, or 224.40 points, to finish at 8,504.74.

• Singapore stocks end up 1.04 pct following rise in Wall Street overnight
• Stocks hold steady, but brokers still cautious
• Singapore stocks end up 0.51 pct as investors shrug off worries over China's liquidity squeeze
• Hong Kong stocks open lower
• HK stocks end 2.33% higher
• Taiwan stocks close 1.78 pct higher
• Hong Kong shares down 0.05 pct by midday
• Chinese stocks close lower Monday
• Philippine stocks extend losses as Cyprus crisis rattle investors
• HK stocks end 0.19 pct lower

We Recommend

• Mountain of garbage in Nairobi
• Highlights of MAKS 2013 Int'l Aviation and Space Show
• 10th China-ASEAN Expo opens in Nanning
• Eagle Boy takes to sky to break another record
• 12-year-old boy becomes pillar of the family
• Eye-gouged boy receives blind rehabilitation in Shanxi
• Top 10 naked hotels in the world
• The most gorgeous Chinese women in the eyes of foreigners
• A collection of bizarre rooftop buildings around China