China A-shares closed sharply higher after an afternoon rally. Shanghai
Composite +1.36%, Shenzhen Component +2.77%, ChiNext +3.43%. Turnover 2.7 tln
yuan, down 113.8 bln yuan from the previous session. Oil & gas exploration and
services led gains with multiple stocks hitting daily limit-up. Pharmaceutical services
distributors recovered intraday and recorded several limit-ups. Electronic
components stocks rallied in the afternoon with multiple limit-ups. Commercial
space-related names extended declines; several securities hit limit-down and a
number fell more than 10%.