After drastic tumbles in the morning session, Chinese shares ended Thursday trading slightly higher on bargain hunting, with real estate, banking and aviation sectors leading the upward trend. The benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 3,804.05 on Thursday, up 42.45 points, or 1.13 percent, over the previous close.
The Shenzhen Component Index on the Shenzhen Stock Exchange concluded the daily trading at 13,548.61, up 504.41 points, or 3.87 percent, from the previous trading day.
The Hushen 300 Index tracking the performance of both Shanghai and Shenzhen stock exchanges closed at 4,001.83, up 112.97 points, or 2.90 percent.
Combined turnover on the two bourses amounted to 160.02 billion yuan (22.7 billion U.S. dollars) on Thursday, up from the 135.43 billion yuan on Wednesday.
Gains outnumbered losses by 779 to 63 in Shanghai and by 640 to25 in Shenzhen.
Source: Xinhua
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