Tuesday 12 December 2017

China shares post first weekly gain in 2014

Four officials have been dismissed over a stampede at a mosque in China that left 14 people dead
Four officials have been dismissed over a stampede at a mosque in China that left 14 people dead

China shares rose today, logging their first weekly gains this year after investors' liquidity concerns eased and property and financial sectors led gains.

The Shanghai Composite Index ended up 0.6pc at 2,054.4 points on Friday, and had a 2.5pc gain for the week - its biggest advance since the week ended Nov. 22.

The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.6pc on the day and 3.1pc for the week. The weekly rise was the biggest since the period ended Sept. 13.

China Vanke, China's largest developer by sales, ended up 4 percent on Friday in Shenzhen, taking it to a 3-week high.

Online Editors

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business