Chinese shares soared more than 3 percent in the first trading day of the new year, upon rises on peripheral markets and expectations for positive effect of the government's macroeconomic control efforts.
The benchmark Shanghai Composite Index gained 59.84 points, or 3.29 percent, to 1,880.72. The Shenzhen Component Index rose 149.37 points, or 2.30 percent, to 6,634.88.
Combined turnover was 70.675 billion yuan (10.33 billion U.S. dollars), much higher than the 55 billion yuan for the last trading day of 2008.
Source: Xinhua
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