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Government stimulus hopes lift Shanghai

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advance9 March 13, 2012 (Chinavestor) Hopes that the government will loosen monetary policy lifted shares in Shanghai on Tuesday. Inflation hit another low in February while trade deficit swelled to a record high of $34.5 billion on the same time, making a case for such a move. The Shanghai Composite Index (SHA:000001) rose 20.9 points or 0.9% with all but one of the 50 largest components of the index advancing. A similar rally took place in Hong Kong where the Hang Seng Index (INDEXHANGSENG:.HSI) jumped 205.5 points or 1.0% on Tuesday.

Visit the following chart to find big movers in Hong Kong, Shanghai and the U.S.

pre_20120313



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