China: Stocks end up, helped by infrastructure shares

[SHANGHAI] China stocks reversed early losses and ended higher on Wednesday, as a jump in industrial and infrastructure shares helped offset a drop in start-up board ChiNext.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.7 per cent, to 3,109.55, while the Shanghai Composite Index gained 0.9 per cent, to 2,928.90 points.

The market has rebounded roughly 10 per cent over the past month, propelled by a bounce in global markets, signs of yuan stabilisation and hopes that Beijing will unveil fresh economic stimulus during a meeting by China's legislature that starts March 5.

REUTERS