Chinese stocks end with healthy gains | Fin24
 
In partnership with
  • Electric Car Tax

    Electric vehicles in SA are being taxed like luxury cars, which has reduced their popularity.

  • New Premises

    KPMG says it's on a journey of renewal as it opens its new Cape Town office.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Chinese stocks end with healthy gains

Mar 05 2019 12:32

Shanghai stocks ended on Tuesday sharply higher after China unveiled huge tax cuts to boost the stuttering economy, while investors remain optimistic about the chances of a trade deal with the United States.

The benchmark Shanghai Composite Index climbed 0.88% to 3 054.25, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 2.28% to 1 635.98.

The Hang Seng Index in Hong Kong closed marginally higher, inching up 2.01 points, to 28 961.60.

equities  |  markets  |  china stocks
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you think government can solve the Eskom crisis?

Previous results · Suggest a vote

Loading...