The Shanghai Composite Index fell 1.24% to close at 2,669.892, while the Shenzhen Composite Index rose 0.03% to close at 807.19 on Friday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 62 billion and RMB 31.87 billion, respectively. Shares of Beijing Capital Tourism (600258.SH), Beijing Jingxi Tourism Development (000802.SZ), and China CYTS Tours Holding (600138.SH), soared 9.99%, 10.01% and 5.68%, respectively, on Friday.
Nearly 60% of individual stock traders have confidence in the market for the next two years, according to survey statistics recently released by Shanghai Securities News and China Finance Online Co. Limited (Nasdaq: JRJC) subsidiary Stock Star (www.stockstar.com).