Stocks on China’s main boards made a slight recovery Monday after suffering the worst sell-off in two years last week, Caixin reports.
The Shanghai Composite Index rose just under 0.8% to 3,154.13 points by the end of trading, though it had initially fallen 0.45% during the morning session. The Shenzhen Component Index, meanwhile, rose 2.91%, and the Nasdaq-like small-cap ChiNext board gained 3.49%.
Several blue-chip stocks including China Southern Airlines and Kweichow Moutai also reversed their losses on Friday, rising 3.23% and 2.1% respectively.