
![]() |
| (File photo) |
Chinese equities rose on Friday morning amid volatile trading after the securities regulator suspended the circuit breaker mechanism, which has been blamed for aggravating market liquidity.
The market opened sharply higher after the regulator scrapped the short-lived new trading mechanism that was only effective for four days.
The benchmark Shanghai Composite Index gained by 1.71 percent as of 10:40 am at 3178.35 points, after tumbling by 2 percent from the high opening.
Stocks of coal, steel and commodities led the gain in the morning on investors’ anticipation for more government stimulus to support the struggling industries faced with overcapacity amid a slowing economy.
"Rent me as your girlfriend!"
World's first 'underwater skyscraper'
Top 10 weapons in the world in 2015
Are these the world’s scariest landing strips?
In pics: Left behind children in China
Eight modern day engineering marvels of China
Chinese beauty with sexiest bottom
Charming female bodybuilders of Chengdu University
Polish sports stars strip off for risqué calendar
Top 20 hottest women in the world in 2014
Top 10 hardest languages to learn
10 Chinese female stars with most beautiful faces
China’s Top 10 Unique Bridges, Highways and Roads
House of fakes
Internet + cars = a long, bumpy road
Nuclear test won't change NK’s destiny
China’s circuit breaker mechanism sparks global market fluctuationsDay|Week