BEIJING: China stocks were higher after the close on Thursday, as gains in the Telecoms, Mobile and Life Insurance sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 2.71% to hit new 3-years high, while the SZSE Component index gained 2.35%.
The best performers of the session on the Shanghai Composite were Cn First Heavy (SS:601106), which rose 10.06% or 0.660 points to trade at 7.220 at the close. Meanwhile, Chutian Exp (SS:600035) added 10.06% or 0.870 points to end at 9.520 and Wintime Energy (SS:600157) was up 10.04% or 0.70 points to 7.67 in late trade.
The worst performers of the session were Joincare (SS:600380), which fell 7.36% or 1.910 points to trade at 24.040 at the close. Htdc (SS:601188) declined 6.15% or 0.480 points to end at 7.320 and China Railway (SS:600528) was down 6.08% or 1.650 points to 25.470.
The top performers on the SZSE Component were Wuliangye Yibin Co Ltd (SZ:000858) which rose 9.16% to 27.05, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was up 8.99% to settle at 95.80 and Luzhou Lao Jiao Co Ltd (SZ:000568) which gained 7.54% to close at 26.38.
