China A-shares close higher; ChiNext up 0.87%, over 4,800 stocks gain

Cointime reports: China’s A-share market closed higher on the day, with the ChiNext Index up 0.87%, the Shenzhen Component up 1.19% and the Shanghai Composite up 0.1%, after all three benchmarks extended their rebound despite pulling back from intraday highs. More than 4,800 stocks across the Shanghai, Shenzhen and Beijing exchanges advanced, and total turnover reached 2.14 trillion yuan. Solar stocks rallied, while oil and gas and high-dividend bank shares fell, with PetroChina down more than 8%.