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Flash: China stocks post new records, China Petroleum (SNP) up 10%

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The rapid rise in Chinese markets continued overnight. The Hong Kong Hang Seng rose 1.9% and stocks in large companies moved up sharply. Shares in China Petroleum (NYSE: SNP) advanced over 10%. China Mobile's (CHL) shares moved up 5.3%

The Shanghai Composite rose 2.1% to top 6,000 for the first time.

Douglas A. McIntyre is a partner at 24/7 Wall St.

Symbol Lookup
IndexesChangePrice
DJIA+20.0310,246.97
NASDAQ-2.982,151.08
S&P 500-0.071,093.01

Last updated: November 11, 2009: 12:43 AM

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