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Bargain-Hunting Pushes Chinese Shares above 3,000-Point
BEIJING, Feb. 25 -- 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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