HONG KONG Feb 19 China shares rose to their
highest level in nine weeks on Wednesday, supported by the
financial and energy sectors, as a decline in money market rates
eased liquidity concerns.
The Shanghai Composite Index ended up 1.1 percent at
2,142.55 points, its highest close since Dec. 18.
The CSI300 of the leading Shanghai and Shenzhen
A-share listings closed up 1.2 percent.
China Citic Bank Corp gained the maximum daily
limit of 10 percent after reporting net profit growth of 26
percent in 2013.
Investors are awaiting the HSBC China manufacturing flash
purchasing managers' index for February on Thursday morning for
further clues on the economy.
Recent data has painted a mixed picture, with strong trade
and bank lending figures suggesting resilient growth, while the
PMI for January was the weakest in six months.
(Reporting by Alice Woodhouse; Editing by Kim Coghill)