HONG KONG, (APP/AFP): Chinese shares were up strongly by
the break on Wednesday, rallying for a second day, after the central bank cut reserve requirements to boost the sluggish economy, dealers said.
The benchmark Shanghai Composite Index jumped 2.25 percent, or 61.42
points, to 2,794.59.
The Shenzhen Composite Index, which tracks stocks on China’s second
exchange, gained 2.12 percent, or 35.73 points, to 1,717.20.
In Hong Kong, the Hang Seng Index surged 2.59 percent, or 501.70 points, to 19,909.16.