Editorial Summary

The Shanghai Composite Index increased 0.59 percent to close at 5,393.34 on Monday, while the Shenzhen Composite Index climbed 1.28 percent to close at 1,528. Trading volume on the Shanghai and Shenzhen Stock Exchanges climbed sharply on Monday, reaching 162.2 billion Yuan and 83 billion Yuan, respectively.

National Railway Engineering Business Center announced on January 5 that six companies won a total of 83.7 billion Yuan in construction contracts for a new Beijing-Shanghai high-speed rail line. Chinese contractor Zhong-Tie Construction Group Corporation Limited, which is planning a Shanghai/Hong Kong dual-listing in March, won contracts worth 33.7 billion Yuan while China Railway Group Limited (601390.SH, 0390.HK) won contracts worth 22 billion Yuan. China Railway's domestically-listed A-shares rose 8.4 percent to close at 12.39 Yuan per share on Monday.