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Markets · Equity
CSI 300 index of large cap stocks jumped to an intraday record high
CKN
2021/02/19 04:16:14
4,991

Feb 19, 2021 (China Knowledge) - The Chinese markets reopened following a week-long break as traders returned from the Lunar New Year holiday saw the CSI index climbed to as much as 2% to a record of almost 5,931 points.

The CSI 300 previous peak was 5,885 points in Oct 2007 in the early days of global financial crisis. The Chinese economy has also exceeded its pre-pandemic rate of growth in the last quarter of 2020, and has shown signs of strength in the recent weeks.

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