China Stocks end higher

The Mainland China equity market reversed early losses to end higher on Thursday, 27 April 2017, lifted by strong performance of shares related to the Belt and Road Initiative. But gains were capped amid concern Chinese authorities would continue to pursue policies aimed at reining in financial risks by preventing excessive speculation in the equity and real estate markets. The benchmark Shanghai Composite Index ended up 0.36%, or 11.34 points, at 3,152.19 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.36%, or 10.24 points, to 1,900.03. The ChiNext Index, China's NASDAQ-style board, ended 1.23% higher at 1,842.92 points.

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