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 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;

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 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%.