China shares hit new high, with key index up 2.83%
China shares hit new high, with key index up 2.83%
2007-05-08
China's share prices extended record gains on Tuesday(2007-05-08), the first trading day after the seven-day May Day holiday, as the benchmark Shanghai Composite Index closed up 2.83 percent. The key Shanghai index finished at 3,950.01 points, up 108.74 points from the previous close of 3,841.27, on turnover of 207.4 billion yuan.
The component index on the smaller Shenzhen Stock Exchange climbed up 4.93 percent, or 535.24 points, to close at 11,401.12 points on turnover of 105.7 billion yuan.
The Hushen 300 Index (CSI300)reflecting the whole fluctuation of China's two stock exchanges closed at 3,686.03 points, up 127.32 points from the previous close.


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