The Shanghai Composite Index increased 2.73 percent to close at 3,657.432, while the Shenzhen Composite Index increased 2.63 percent to close at 1,139.09 on Wednesday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 122.319 billion and RMB 63.75 billion, respectively.
Shares of Fujian Cement (600802.SH), Beijing-based construction company CRBC International (600263.SH), and Huaxin Cement (600801.SH) increased 10.06 percent, 10.04 percent and 10.02 percent, respectively, to close at RMB 9.19, RMB 12.5 and RMB 28.12 on Wednesday.