(Yicai Global) Feb. 4 -- Funds flowing in from the offshore market helped Chinese stock markets bounce back from a dire start in today's morning session.

The Shanghai Composite Index was up 0.35 percent at 2,756.17 and the Shenzhen Component Index up 1.62 percent at 9,937.69 as of 9.54 a.m., both after starting more than 2 percent down.

The ChiNext Price Index, which tracks growth enterprises in Shenzhen, had soared 2.8 percent to 1,846.03 as of the same time, after opening 0.54 percent lower.