China B-shares close higher, tracking A-share gains - UPDATE |
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Mon, 02 Apr 2007 08:58
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SHANGHAI (XFN-ASIA) - B-shares in Shanghai and Shenzhen closed higher, tracking the rise in A-shares, with blue chips gaining ground, dealers said.The Shanghai B-share Index was up 1.71 points at 179.51 on turnover of 326.25 mln usd and the Shenzhen B-share Index was up 4.95 points at 528.92 on turnover of 525.69 mln hkd.'The hard currency markets tracked the strength in their A-share counterparts, with blue chips buoyed by hopes for solid earnings growth,' a Shanghai analyst said.Inner Mongolia Yitai Coal Co Ltd (SHB 900948) was up 0.104 usd or 4.33 pct at 2.508.Shanghai Lujiazui Finance & Trade Zone Development Co Ltd (SHB 900932; SHA 600663) was up 0.023 usd or 1.75 pct at 1.335. Shanghai Zhenhua Port Machinery Co Ltd (SHB 900947; SHA 600320) was up 0.024 or 1.60 pct at 1.526.On the Shenzhen B-share market, Bengang Steel Plates Co Ltd (SZB 200761; SZA 000761) was up 0.24 hkd or 3.99 pct at 6.26.China International Marine Containers (Group) Co Ltd (SZB 200039; SZA 000039) was up 0.30 hkd or 1.75 pct at 17.43. Jiangling Motors Corp Ltd (SZB 200550; SZA 000550) was up 0.28 hkd or 2.90 pct at 9.94.The FTSE/Xinhua China B 35 Index was up 56.68 points at 7,062.92.The benchmark Shanghai Composite Index, which covers both A- and B-shares listed on the Shanghai Stock Exchange, closed up 68.61 points, or 2.15 pct, at a record 3,252.60, after moving between 3,196.59 and 3,253.44.Turnover rose to 93.30 bln yuan from 83.0 bln in the previous session.(1 usd = 7.73 yuan; 7.8 hkd)lake.xu@xinhuafinance.com
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China B-shares close higher, tracking A-share gains 