Chinese stocks have soared at the open today. The three major indexes: the Shanghai Composite Index, the Shenzhen Composite Index and ChiNext, all surged over 10%. This follows a slew of stimulus measures from Beijing last month to boost the high-quality economic development. | CGTN Global Watch | Facebook
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The Shanghai Composite Index closed at 3728.03 points after reaching a 10-year high of 3745.94 on Monday, while daily turnover reached 2.81 trillion yuan, the highest since last October’s rally, according to Wind Info. Analysts said the recent rally offers a wake-up call for investors to further recognize the value of Chinese assets and may add fuel to the ongoing revaluation of Chinese equities, though near-term corrections may follow after the sharp gains. | Invest in China
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