Chinese shares jump over IPO delay reports

Updated: 2013-07-23 15:37


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BEIJING -- Chinese shares jumped on Tuesday as the country's securities regulator is reportedly delaying massive resumption of initial public offering, easing investors' concerns over market liquidity.

The benchmark Shanghai Composite Index rose 1.95 percent, or 39.11 points, to end at 2,043.88, and the Shenzhen Component Index jumped 3.64 percent, or 279.48 points, to 7,963.7.