A trading hall in Haikou, capital of China’s southeastern Hainan Province. The ChiNext index has climbed 30 per cent this year and is the best-performing gauge among benchmarks tracking Chinese stocks. Photo: Xinhua

Chinese small-caps surge most in seven weeks on lending rate reform, Shenzhen revitalisation plan

  • Shenzhen’s ChiNext jumps 3.5 per cent and Shenzhen Composite Index adds 3.1 per cent
  • New method of generating lending prime rate will cut borrowing costs, KGI Securities and Citic Securities say
Topic |   China stock market

TOP PICKS

A trading hall in Haikou, capital of China’s southeastern Hainan Province. The ChiNext index has climbed 30 per cent this year and is the best-performing gauge among benchmarks tracking Chinese stocks. Photo: Xinhua
READ FULL ARTICLE