Dai Qian/Shanghai Daily news

Shanghai shares rose yesterday as oil and chemical chips were snapped up on optimism demand for energy may jump due to the cold weather.
The Shanghai Composite Index, which groups both yuan-dominated A shares and hard-currency B shares, added 1.09 percent to 1,099.61. The A-share index grew 1.09 percent to 1,156.16 and the B-share index edged up 0.32 percent to 59.53.
"Investors are expecting oil-related companies to earn more profit from processed products" due to the cold winter, boosting demand for energy, said Zhang Qi, a Haitong Securities Co analyst.
China Petroleum & Chemical Corp, Asia's biggest oil refiner and also known as Sinopec, gained 2.12 percent to 4.33 yuan (53 US cents). Sinopec Qilu Petrochemical Co, 82 percent held by Sinopec, climbed 2.32 percent to 7.49 yuan.
Sinopec Yizheng Chemical Fibre Co, the country's largest chemical fiber maker, jumped 4.31 percent to 2.42 yuan. Sinopec Shanghai Petrochemical Co, China largest maker of ethylene, soared 2.16 percent to 3.79 yuan.
"The reports of Sinopec's restructuring next year also boosted investors' confidence in financial prospective," said Wu Jianxiong, a Guotai & Junan Securities Co analyst.
Sinopec earlier announced plans to buy stakes in three of its subsidiaries as part of a group restructuring.
Other big caps were also in demand, such as China United Telecommunications Corp, the second largest mobile operator in China, which added 0.37 percent to 2.69 yuan.
China Southern Airlines Co, the country's largest carrier by fleet, was up 0.77 percent to finish at 2.61 yuan.
Baoshan Iron & Steel Co, the nation's biggest steelmaker, gained 1.28 percent to 3.97 yuan.
Tianjin FAW Xiali Automobile Co led automakers higher after a report the country's passenger car sales may increase this year.
FAW Xiali, which makes Crown and Vios passenger cars with Toyota Motor Corp, rose 3.6 percent to 3.71 yuan.