(Yicai Global) May 19 -- China's mainland stock markets opened higher this morning after the US markets rallied yesterday and the Dow Jones Index surged 3.85 percent.

The Shanghai Composite Index opened 0.77 percent higher at 2,897.69, while the Shenzhen Component Index began at 11,023.43, up 0.94 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, started up 1.07 percent at 2,137.42.

Most sectors opened higher, including energy companies, hotel operators and airline carriers, as more countries were promoting measures to revitalize their economies in the wake of the Covid-19 pandemic.

Editor: James Boynton