Chinese Shares Close at 7-Month Highs
Chinese stocks
Beijing - QNA
Chinese stocks jumped to their highest in more than seven months on Monday, led by property and financial shares, as investors bet that disappointing economic data for July would prod Beijing to unleash fresh stimulus.
The benchmark Shanghai Composite Index going up 2.44% to close at 3,125.2 points.
The Shenzhen index closed 2.79% higher at 10,822.11 points. The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, was up 3.27% to close at 2,193.21 points.
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