Equities get a lift from Fed moves
By Li Xiang | China Daily | Updated: 2015-12-18 09:26
Stock prices rose to a two-week high on Thursday as investors responded positively to the United States Federal Reserve interest rate hike which removed a major external source of uncertainty for the A-share market.
The benchmark Shanghai Composite Index rose 1.81 percent to close at 3,580 points while the ChiNext index in Shenzhen that tracks high-tech startups surged 2.63 percent to close at 2,835.7 points.
Property developers, consumption-related companies as well as alternative energy stocks led the rally on Thursday.
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