Chinese shares add 2.28% on upbeat investor confidence

Special Report:Global Financial Crisis

Shareholders talk at a stock trading hall in Shanghai, east China, Feb. 4, 2009. China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2107.75 points Wednesday, up 2.28 percent, from the previous close. The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 7477.63 points, up 2.91 percent. (Chinese media/Pei Xin)










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BEIJING, Feb. 4 (Chinese media) -- Chinese shares went up

2.28 percent on Wednesday led by blue chips amid a booming confidence.

The Shanghai A-share index rose 46.94 points, or 2.28

percent, to close at 2,107.75, while the Shenzhen Component Index gained 211.22

points, or 2.91 percent, to finish at 7,477.63.

Power stocks outperformed on news that China will

invest 580 billion yuan (85.3 billion U.S. dollars) this year in the sector.

Gains outnumbered losses by 714 to 97 in Shanghai and

600 to 86 in Shenzhen. Combined turnover reached a high of 169.3 billion yuan

from Tuesday's 148 billion yuan.