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Chinese shares surge more than 8%
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16:35, February 04, 2008

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Chinese shares surged sharply on Monday afternoon by 8.13 percent following rallies on neighboring markets and news of improving weather in the country's snow-hit regions.

The benchmark Shanghai Composite Index closed up 351.4 points at 4,672.17, or up 8.13 percent. On Friday, the index dropped 1.43 percent to 4,320.77, its lowest closing in six months.

The Shenzhen Component Index rose 1254.8 points, or 7.95 percent, to 17031.67.

Source:Xinhua



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