BCN-06 Shanghai stocks extend rally at open

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ZCZC

BCN-06

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Shanghai stocks extend rally at open

HONG KONG, Oct 22, 2018 (BSS/AFP) – Shares rallied at the start of trade
in Shanghai on Monday, extending a surge at the end of last week after
China’s top economic officials issued coordinated statements aimed at shoring
up support for beleaguered markets.

The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points,
to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, added 0.93 percent, or 11.72 points, to 1,275.53.

And the Hang Seng Index added 0.79 percent, or 202.39 points, to
25,763.79.

BSS/AFP/HR/0930