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Bargain-hunting pushes Chinese shares above 3,000-point

(Xinhua)
Updated: 2010-02-24 15:57

Related readings:  Chinese shares close lower Tuesday, below 3,000-point level  Finance companies lead drop in stocks  Chinese shares dip as Lunar New Year weighs new policies  Chinese shares close lower on first trading day in Year of Tiger

BEIJING: A bargain-hunting urge put a brake on Chinese shares' weak run in the previous two trading days and pushed the benchmark Shanghai Composite Index above the psychologically-important 3,000-point level again Wednesday.

The Shanghai Composite Index gained 1.33 percent, or 39.6 points, to close at 3,022.18 points Wednesday.

The Shenzhen Component Index picked up 1.76 percent, or 212.88 points, to finish at 12,282.09 points.

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