Off the wire
• Across China: The silkworms smoothing Chinese water security  • (Sports Focus) Chinese sports industry aims to reach $460 bln in 5-year plan  • Top news items in major Ethiopian media outlets  • China provides Mozambique grant for buses, bore-holes  • Top news items in major S. African media outlets  • Top news items in major Nigerian media outlets  • Russia's Far East city remembers victory in Great Patriotic War  • PLA sends out discipline inspectors  • Kazakhstan, China pledge to boost practical cooperation  • Myanmar parliament to debate on addition of one more ministry  
You are here: 　 Home

1st LD-Writethru: Chinese stocks close higher Thursday

Xinhua, May 5, 2016 Adjust font size:

Chinese stocks closed higher on Thursday, with the benchmark Shanghai Composite Index gaining 0.22 percent to close at 2,997.84 points.

The smaller Shenzhen index closed 0.49 percent higher at 10,474.01 points. The ChiNext Index, China's NASDAQ-style board of growth enterprises, rose by 0.59 percent to close at 2,224.09 points.

Turnover fell to 474.2 billion yuan (77.48 billion U.S. dollars), down from 535.4 billion yuan the previous trading day.

Stocks related to the Beijing Winter Olympic Games, aviation, culture and mass media led the gains.

Avic Aircraft Co., Ltd. rose by 4.05 percent to end at 18.75 yuan per share. Huawen Media Investment Corporation surged by the daily limit of 10 percent to end at 10.49 yuan.

Software shares also rose across the board. Beijing Shiji Information Technology Co., Ltd. and Beijing Join-Cheer Software Co., Ltd. both surged by the daily cap of 10 percent to end at 94.82 yuan and 57.10 yuan, respectively.

Market sentiment was positive on domestic software shares as China's State Council said on Wednesday that the country will intensify crackdowns on intellectual property rights (IPR) infringement and the production and sales of counterfeit goods this year, particularly in the Internet sector. Endi