China Stocks Open Higher on Heels of US Shares(Yicai Global) Dec. 16 -- Chinese stocks opened higher after US markets soared yesterday.
The Shanghai Composite Index started at 3,371.26, up 0.12 percent. The Star 50 Index, which tracks tech stocks on Shanghai’s Nasdaq-style Star Market, fell by 0.44 percent to 1,357.22.
The Shenzhen Component Index rose 0.2 percent to 13,791.41. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, also added 0.2 percent to 2,764.34.
The Dow Jones Industrial Average Index rose by 1.1 percent yesterday, while the Nasdaq Composite Index grew 1.2 percent, and the S&P 500 finished up 1.3 percent.
Editor: Ben Armour
