SHANGHAI (Reuters) – Chinese stocks ended higher on Wednesday, with high-tech stocks and new energy companies leading gains amid a rebound in inflows after a sell-off sparked by tensions between Russia and Ukraine.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, rose 1.07%, while the Shanghai index rose 0.93%.
The CSI’s semiconductor sub-index jumped 6%, the STAR50 advanced 4% and the CSI’s information technology sub-index gained 3.5%.
+ Asian stocks rebound after losses on Ukraine-Russia tensions
The New Energy sub-index was up 3.5%.
Gains in tech and new energy stocks were fueled by net purchases from overseas investors.
. In TOKYO, the Nikkei index remained closed.
. In HONG KONG, the HANG SENG index rose 0.60% to 23,660 points.
. In SHANGHAI, the SSEC index gained 0.93% to 3,489 points.
. The CSI300 index, which brings together the largest companies listed in SHANGHAI and SHENZHEN, advanced 1.07% to 4,623 points.
. In SEOUL, the KOSPI index appreciated by 0.47%, at 2,719 points.
. In TAIWAN, the TAIEX index rose 0.48% to 18,055 points.
. In SINGAPORE, the STRAITS TIMES index fell by 0.22% to 3,393 points.
. On SYDNEY, the S&P/ASX 200 index advanced 0.62% to 7,205 points.
(Reporting by Andrew Galbraith and Jason Xue)
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