Germany's shares surged on Friday amid hopes for easing in China after Chinese GDP growth tumbled to the lowest level in the last three years. German blue chip index soared 1.07% to trade at 6,474.30. Telecommunications sector was the top-performer, skyrocketing 3.88%. Deutsche Telecom rose 3.3% after Credit Suisse Group upgraded rating of the firm's shares from underperform to neutral. Financial sector was the only loser, with Commerzbank and Deutsche Bank tumbling 0.49% and 2.24%.