China's key stock index closes at nearly 6

China's key stock index closes at nearly 6-month high

(Xinhua)

16:18, December 25, 2012

BEIJING, Dec. 25 (Xinhua) -- Chinese shares closed with a strong rally on Tuesday, led by the property sector as investors believe the country's upcoming urbanization initiatives will push up the demands for city dwellings.

The benchmark Shanghai Composite Index surged 2.53 percent to end at 2,213.61, the highest level since early July, while the Shenzhen Component Index jumped 3.01 percent to finish at 8,891.57 points, the highest since mid-August.

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