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Chinese shares bounce 2.93%, led by heavy weights
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15:58, May 21, 2008

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Chinese share prices rebounded on Wednesday, led by heavyweights of Sinopec and PetroChina.
The benchmark Shanghai Composite Index closed at 3,544.19 points, surging 101.03 points, or 2.93 percent, from the previous close.

The Shenzhen Component Index on the smaller Shenzhen Stock Exchange closed at 12,659.82 points, up 210.01 points, or 1.69 percent, from Tuesday.

The Hushen 300 Index reflecting the performance of China's Shanghai and Shenzhen stock exchanges closed at 3,783.05 points, rising 72.23 points, from the previous close.

The combined turnover on the two bourses climbed to nearly 150 billion yuan ( 21.55 billion U.S. dollars) from the previous day's141 billion yuan.

Source:Xinhua



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