(Yicai Global) Sept. 1 -- China's mainland stock markets rebounded from their low starting points by the end of the morning session while carmakers led the markets as their latest earnings reports indicated robust post-virus recovery.

The Shanghai Composite Index closed 0.04 percent higher at 3,397.17. The Shenzhen Component Index was at 13,789.09, up 0.22 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, climbed 0.35 percent to 2,737.94.

BYD [SHE:002594] hit the 10-percent daily limit-up at CNY93.5 (USD13.70) today after the Shenzhen-based auto firm said that its net profit rose by 14 percent in the first half from a year ago, thanks to a strong sales rebound in the second quarter, according to its earnings report published on Aug. 29.

Shares of both Great Wall Motor [SHA:601633] and Huguang Auto Harness [SHA:605333] also surged by 10 percent.

Editor: Emmi Laine