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China shares edge up, airlines boosted by Australia deal

2015-01-26 13:54:37| Airlines - Topix.net

The CSI300 index rose 36.25 points, or 1.01 percent, to 3,607.9846, while the Shanghai Composite Index which tracks all the stocks on the Shanghai Stock Exchange, gained 32.18 points, or 0.96 percent, to 3,383.9444. China Eastern Airlines jumped 5.1 percent, Air China rose 3.9 percent and China Southern Airlines adding 2.7 percent after a pact was announced on Friday between China and Australia which lets both countries' carriers immediately add 4,000 seats a week to current caps between Australia's major gateway cities and the Chinese cities of Beijing, Shanghai and Guangzhou.

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