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China stocks start higher, Shanghai climbs 0.22pc

byShamim Akhter
18/03/2015
in Uncategorized
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BEIJING: China stocks opened higher on Wednesday, with the benchmark Shanghai Composite Index up 0.22 percent to open at 3,510.50.

The Shenzhen Component Index opened at 12,206.72, up 0.31 percent.

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The ChiNext Index, tracking China’s NASDAQ-style board of growth enterprises, opened 0.04 percent higher at 2,138.37 points.

Two indices, tracking the performance of the country’s New Three Board, a national equity exchange platform for non-listed medium and small-sized companies, were launched on Wednesday.

The New Three Board, which started trading on January 2013, has attracted 1,800 companies with market capitalization of nearly 600 billion yuan (97 billion U.S. dollars) by this January.

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