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March 13, 2018

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Shares gain broadly

CHINESE shares rose broadly yesterday — with ChiNext posting the biggest gains — after technology companies rose strongly.

The Nasdaq-style ChiNext jumped 1.40 percent to 1,882.41, while the Shanghai Composite Index edged up 0.59 percent to close at 3,326.70 and the Shenzhen Component index gained 1.17 percent to end at 11,326.27.

Shares of Mindata Group, a Shenzhen-based Internet service provider, rose by the 10 percent daily cap to 10.08 yuan (US$1.59).

Shares of Beijing Easpring Material Technology Co Ltd, a lithium battery producer, also rose by the 10 percent daily cap to 27.96 yuan.


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