Chinese stocks rally over 2% Friday

Chinese stocks rallied after a week-long slide on Friday with the benchmark Shanghai Composite Index increasing 2.01 percent, or 43.95 points, to close at 2,224.84. The Shenzhen Component Index gained 2.38 percent, or 210.85 points to finish at 9,081.94. Chinese stocks fall over 2% Thursday BEIJING, Dec. 15 (Xinhua) -- Chinese stocks fell for a sixth consecutive trading day on Thursday, pulled down by weak performances in the non-ferrous metals and ship manufacturing sectors. The benchmark Shanghai Composite Index dropped by 2.14 percent, or 47.63 points, to close at 2,180.9. Full story China stocks drop for fifth day as key economic conference ends BEIJING, Dec. 14 (Xinhua) -- Chinese stocks continued to fall for the fifth consecutive trading days on Wednesday with the benchmark Shanghai Composite Index closing down 0.89 percent, or 20.07 points, to 2,228.53. The Shenzhen Component Index dropped 1.06 percent, or 97.85 points to finish at 9,093.03.  Full story China to maintain prudent monetary policy next year: central economic work conference BEIJING, Dec. 14 (Xinhua) -- China will maintain its prudent monetary policy and proactive fiscal policy in 2012, according to the annual central economic work conference that closed on Wednesday.