China B-shares close higher, property stocks rise |
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Wed, 21 Mar 2007 08:37
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SHANGHAI (XFN-ASIA) - B-shares in Shanghai and Shenzhen closed higher with property developers continuing to outperform on follow-through interest, dealers said.The Shanghai B-share Index was up 2.13 points to 177.64 on turnover of 461.65 mln usd and the Shenzhen B-share Index was up 3.51 points at 508.28 on turnover of 462.36 mln hkd.The FTSE/Xinhua China B 35 Index was up 69.50 points at 6,884.36.The benchmark Shanghai Composite Index, which covers both A- and B-shares listed on the Shanghai Stock Exchange, closed up 25.19 points, or 0.83 pct, at 3,057.38, a fresh all-time closing high, after moving between 3,020.95 and 3,057.71.Turnover rose to 89.31 bln yuan from 81.63 bln in the previous session.(1 usd = 7.75 yuan; 7.8 hkd)lake.xu@xinhuafinance.com
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Hong Kong shares end morning higher led by properties, China financials 