China: Stocks rise in early trading, extending Tuesday's gains

[SHANGHAI] China major stock indexes rose in early trading on Wednesday., extending Tuesday's near 3 per cent gain, suggesting that Beijing's efforts to stabilise the market is beginning to pay off.

The CSI300 index rose 0.8 per cent to 3,359.98 points at 0138 GMT, while the Shanghai Composite Index gained 0.8 per cent to 3,194.83 points.

China CSI300 stock index futures for September rose 1.7 per cent, to 3,328.2, 31.78 points below the current value of the underlying index.

The Hang Seng index in Hong Kong was up 1.8 per cent, to 21,630.75 points.

REUTERS