Chinese shares surged to a new high yesterday morning with the benchmark
Shanghai Composite Index rising 1.33 percent to 4,725.18 points.
The Composite Index on smaller Shenzhen Stock market climbed 1.11 percent to
16,373.97 points.
Non-ferrous metals and steel makers, such as China Tungsten, led the market
after a rise of 0.26 percent pushed by bank blue chips on Wednesday.
Banks, property developers, non-ferrous metals, coal, iron and steel also
helped the market, dealers said.
The Shanghai stock markets registered 494 shares rising, 276 shares decliners
and 72 going flat while on the Shenzhen market, 350 shares gainers and 186
shares losers.