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SCMP Reporter

THE Shenzhen A market rose for the second day in active trading, boosted by the announcement of the China Southern Glass placement.

   The Credit Lyonnais (Asia) Shenzhen A Index closed up 88.64 points, 3.16 per cent, to end the day at 2,891.43.

  The China Southern Glass announcement of its placement and rights issue plan yesterday proved to be a major boost to the overall Shenzhen market.

   The CLSA Shenzhen B Index edged up 2.96 points, 0.27 per cent, to close at 1,103.24.

   Chiwan accounted for more than 69 per cent of the Shenzhen B market's turnover.

   The Shanghai A market managed to recover some of its lost ground suffered in the beginning of the week.

   The CLSA Shanghai A Index climbed 257.95 points or 3.31 per cent to close at 8,050.43.

   The Shanghai B market had a quiet day, with turnover less than US$1.1 million.

   The CLSA Shanghai B Index was down a slight 1.87 points, 0.19 per cent, to end the day at 987.52.



Shenzhen A shares advance by 3.16pc