Green sector buoys Chinese stocks
Updated: 2013-01-15 13:43
(Xinhua)
|
||||||||
BEIJING - Shares in firms engaging in business related to environmental protection boosted Chinese stocks on Tuesday morning after hazardous air pollution shrouded parts of the country for several straight days.
The benchmark Shanghai Composite Index gained 0.42 percent to end the morning session at 2,321.55. The Shenzhen Component Index went up 0.29 percent to close at 9343.11.
The sub-index for the environmental sector led the rally by rising 5.24 percent during the morning session.
Some companies like Kelin Environmental Protection Equipment, Inc. and Zhejiang Feida Environmental Science & Technology Co Ltd saw their shares surge by the daily limit of 10 percent.
Beijing SPC Environment Protection Tech Co Ltd, a pollution treatment company, climbed 7.42 percent to 19.1 yuan.
Heavy fog has enveloped much of eastern and central China in recent days, causing highway closures and flight delays in several provinces.
Beijing's air has been heavily polluted. Readings for PM2.5, airborne particles with a diameter of 2.5 microns or less -- small enough to deeply penetrate the lungs -- were as high as 993 micrograms per cubic meter of air on Saturday evening.
Special Coverage
Related Readings
Beijing moves to curb prolonged haze pollution
Healthy debate over Beijing's air quality
Beijing air pollution reaches dangerous levels
Fog, haze lead to big spike in pollution levels
Reducing air pollution
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |