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Shares up 3.6% on easier shares buy-back rules

(Xinhua)
Updated: 2008-09-25 15:40

Chinese stocks advanced for a second day to end at a three-week high on Thursday after the government eased restrictions on shares buying by controlling shareholders.

The benchmark Shanghai Composite index closed up 80.69 points, or 3.64 percent, at 2,297.50, after surging as much as 5.25 percent in the morning trade.

The Shenzhen Component Index added 293.39 points, or 4.14 percent, to 7,376.84.