China B-shares end morning up led by property stocks - UPDATE |
|
|
|
Published
:
Mon, 30 Jul 2007 05:30
|
SHANGHAI (XFN-ASIA) - China B-shares ended the morning higher, tracking strong gains in the A-share market, with property developers leading the rise.The Shanghai B-share Index rose 3.25 points to 320.81 and the Shenzhen B-share Index was up 6.17 points at 780.53.'The hard-currency market remained strong in the morning. Sentiment was good after (the Shanghai Composite Index) hit a new record,' a Shanghai analyst said.On the Shanghai B-shares market, Huangshan Tourism Development Co Ltd (SHB 900942; SHA 600054) led the gains, surging 0.158 usd to 2.358.Shanghai Wai Gaoqiao Free Trade Zone Development Co Ltd (SHB 900912; SHA 600648) rose 0.050 usd to 1.145, while Jiangsu Xincheng Real Estate Co Ltd (SHB 900950) added 0.089 usd to 2.437.On Shenzhen B-share market, China Vanke Co Ltd (SZB 200002; SZA 000002) gained 0.59 hkd to 23.25.China Merchants Property Development Co Ltd (SZB 200024; SZA 000024) rose 0.67 hkd to 40.00.The FTSE/Xinhua China B 35 Index was up 57.63 points at 11,189.61.The benchmark Shanghai Composite Index, which covers both A- and B-shares listed on the Shanghai Stock Exchange, hit an intraday high of 4,433.66 points, before ending the session up 69.93 points or 1.61 pct at 4,415.29.(1 usd = 7.57 yuan)lilian.wu@xfn.com-xfnlw/xfntmCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
|
|
|
|
Print this Story
Hong Kong shares end morning at fresh record high, led by China stocks 