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Business / Finance

China shares gain as investors buy back beaten down stocks

(Agencies) Updated: 2014-03-21 15:06

China shares gain as investors buy back beaten down stocks

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HONG KONG - China indexes extended gains on Friday afternoon, as investors bought shares after the expiry of Chinese futures, focusing on sectors such as coal and banks which have been hammered recently on concerns about the slowing economy.

The Shanghai Composite Index closed at 2,047.62, up by 2.72 percent, after opening down on Friday morning.

The CSI300 of the leading Shanghai and Shenzhen A-share listings rose more than 3 percent. Earlier in the day, it had touched its lowest level since June last year.

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China shares gain as investors buy back beaten down stocks China shares gain as investors buy back beaten down stocks
 China's CSI300 index in biggest loss in 7 months
 

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