Mkt Talk: Satellite navigation shares opens higher on medium, long- term dev. pl
BEIJING, Sep 04, 2013 (Xinhua via COMTEX) --
Satellite navigation shares opened sh
arply higher and surged almost 1.20 percent on average in the first tr
ading hour on Thursday as China makes the medium and long-term develop
ment plan for Beidou satellite navigation industry.
According to the plan, China's Beidou satellite navigation indust
ry is to create 350 bln-400 bln industrial value by 2020.
The index trading satellite navigation sector jumped 0.90 percent
by 10:09 a.m on Thursday with Beijing BDStar Navigation(002151.SZ) an
d Guangzhou Haige Communications Group (002465.SH) rising 2.31 percent
and 1.65 percent respectively to stand at 35.83 and 34.60 yuan. (Cont
ributed by Sang Xiyue, email@example.com)
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