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Chinese Shares Up 1.23% on Gains of Property Shares

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Chinese shares rose 1.23 percent on Wednesday, led by strong performance of property shares.

The benchmark Shanghai Composite Index gained 34.10 points, or 1.23 percent, to close at 2,810.12. The Shenzhen Component Index closed at 11,040.49 points, up 243.29 points, or 2.25 percent.

Aggregate turnover expanded to 186.046 billion yuan (US$27.21 billion) from 167.22 billion yuan of the previous trading day.

(Xinhua News Agency June 17, 2009)