Markets

ChiNext Index closes higher -- August 27

(Xinhua)
Updated: 2010-08-27 17:44

BEIJING - The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, rose 1.92 percent, or 18.83 points, to close at 999.46 on Friday.

Related readings:  ChiNext Index closes higher -- August 26  ChiNext Index closes lower -- August 25  ChiNext Index closes higher - Aug 24  ChiNext Index closes lower -- August 23

The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the exchange.

The ChiNext Board, which started trading on October 30, 2009, is a Nasdaq-style growth enterprises board, and mainly lists high-tech companies and those with high growth potential.