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    Economy

    Chinese shares hit 7-year high on May 22

    1
    2015-05-22 15:44Xinhua Editor: Gu Liping

    Chinese shares extended the rally on Friday, with the benchmark Shanghai Composite Index surging 2.83 percent, or 128.17 points, to finish at 4,657.6 points, the highest level in 7 years.

    The Shenzhen Component Index gained 1.09 percent, or 173.27 points, to close at 16,045.8 points.

    The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, dropped 0.31 percent, or 10.78 points, to end at 3,516.63 points.

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