(Yicai Global) Sept. 24 -- Chinese stock markets closed higher today but retreated from earlier gains in afternoon trading, with liquor shares spearheading the advance.

The Shanghai Composite Index closed up 0.28 percent at 2,985.34. The Shenzhen Component rose 0.31 percent to 9,811.38. The ChiNext Price Index swelled 0.61 percent to 1,694.60.

Liquor stocks climbed 2.4 percent.

Editor: Ben Armour