China stocks closed higher on Thursday as investors waded back into financial shares after selling off for three days.
The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 3.3 per cent to 3,335, while the Shanghai Composite Index gained 3.4 per cent.
Among the most active stocks in Shanghai were Bank Of China, up 4.5 per cent to 3.7 yuan; GD Power, up 4.0 per cent to 4.7 yuan; and, China State Construction , up 9.8 per cent to 6.7 yuan.
In Shenzhen, the most actively traded shares included CS Zoomlion, which jumped 10 per cent to 6.8 yuan; BOE Technology, which rose 2.5 per cent to 3.3 yuan; and Changjiang Securities, which climbed five per cent to 15.6 yuan.
The total volume of A shares traded in Shanghai was 37.6 billion. The Shenzhen volume was 14.9 billion shares.
