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BEIJING cheap air max 95 free shipping , Dec. 31 (Xinhua) -- Despite a notable economic slowdown in 2014, the Chinese stock markets staged an extraordinary rally with the key index jumping 53 percent this year.
Chinese shares, which had been bearish for about six years, rose in the second half of 2014 and created a bull run amid huge daily turnover.
China's promise to deepen reforms and open up further, government's supportive measures for the capital market, Shanghai-Hong Kong stock connect program, and interest rates cut had all contributed to the rally cheap air max 95 shoes , analysts said.
5-YEAR HIGH
On Wednesday, the last trading day of 2014, Chinese shares continued to gain with the key Shanghai Composite Index rising to a nearly 5-year high.
The Shanghai index soared 2.18 percent to close at 3,234.68 points, the highest level since Jan. 20, 2010 when it ended at 3,151.85 points. For the entire 2014 cheap air max 95 outlet , the index jumped 52.87 percent, or 1,118.7 points, which was the biggest annual gain since 2010.
The smaller Shenzhen Component Index closed at 11,014.62 points, up 2.73 percent. For 2014, the Shenzhen index advanced 2 cheap air max 95 china ,892.83 points, or 35.6 percent.
On the last trading day, gainers outnumbered losers by 662 to 231 in Shanghai, and by 1,039 to 360 in Shenzhen. Total turnover on the two bourses shrank to 655.13 billion yuan (107.06 billion U.S. dollars) from Tuesday's 669.11 billion yuan.
Property developers, banks, securities firms and companies related to China's high-speed railway programs led the charge.
The property sub-index advanced 3.1 percent cheap air max 95 wholesale , with 10 firms rising by the daily limit of 10 percent, including China Vanke, Poly Real Estate Development, Gemdale Corporation and China Merchants Property Development.