Thursday, 08 December 2016
China stocks snapped a three-day streak of losses on Wednesday, helped by a rally in resources shares. The bluechip CSI300 index rose 0.5 percent, to 3,475.75 points, while the Shanghai Composite Index gained 0.7 percent to 3,222.24 points. The indexes were flat at midday. Industry-leading bluechips were still trading near recent lows after China's securities regulator warned about "barbaric" take-over deals by asset managers using illegal funds.