在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Chinese stocks reversed a slump upon opening to post solid gains in the Monday morning session despite an interest rate rise announced by the central bank at the weekend.

Special coverage: Stock Market Related readings: Funds investment fever runs high in China China faces liquidity, inflation pressure Asian stocks plunge after US sell-off US stocks plummet on lender woes Central banker downplays market swings Don't blame China for falling markets Chinese unfazed as share markets tremble Stocks fall as Ping An debuts Stock plunge: Capitalism 101 for investors Stocks recovered from record plunge Stocks nosedive after record high close

The benchmark Shanghai Composite Index opened at 2,864.26, a decrease of 2.25 per cent from the closing point of the previous session.

However, the stocks, led by financial shares, started to recover the loss within twenty minutes. At the end of the morning session, the Shanghai Composite Index finished up 2.51 per cent at 3,003.98.

The Industrial and Commercial Bank of China, the country's biggest lender, rose 3.84 per cent to 5.14 yuan while China Life, China's largest life insure, gained 3.55 per cent to 35.01 yuan.

China Merchants Bank surged 7.6 per cent to hit 16.7 yuan and Bank of China was up 4.8 percent to 5.24 yuan.

The surge came after the People's Bank of China raised benchmark one-year lending and deposit rates by 0.27 percentage point at the weekend, the third increase in less than one year.

The rate rise was the latest in a series of tightening measures to cool off the torrid economy which, as Premier Wen Jiabao said Friday, is facing a list of problems, including excessive investment, credit, liquidity and swelling foreign exchange reserves.