(Yicai Global) Jan. 4 -- China’s mainland stock markets closed higher on this year’s first trading day with multi-year records set.

The Shanghai Composite Index climbed 0.86 percent to 3,502.96 in a pinnacle unvisited since January 2018. The Shenzhen Component Index rose 2.47 percent to 14,827.47. The ChiNext, which tracks growth enterprise listed in Shenzhen, surged 3.77 percent to 3,078.11, a peak since June 2015.

Power batteries for new energy vehicles, baijiu distillers and animal breeders were among the biggest winners. Banks were the worst performers.

Editor: Ben Armour