China stocks end higher in rollercoaster ride

Mainland China share market finished a rollercoaster trade in positive territory on Thursday, 04 June 2015, after recouping heavy intraday losses sparked by jitters over a clampdown on lending to investors. But gains were marginal amid concerns new share offers would likely pressure on the market liquidity. The Shanghai Composite Index, which had been up as much as 0.7% earlier trading, fell as much as 5.3% after the midday break Thursday before recovering almost as rapidly, closing up 0.8% to 4947.10.

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