(Yicai Global) Dec. 3 -- Chinese equities rallied today after China and the US agreed over the weekend to a truce in their trade conflict. Tech, consumer and hotels stocks led the gains.
Over 3,600 different stocks were traded today, and only 40 of them finished the day at a loss.
Tech sector, including the segments of robotics, facial recognition, fifth-generation networks, and communication equipment, was the strongest performer. Food and beverage industry, including liquor-makers, and hospitality sector also flourished.
The Shanghai Composite Index was up 2.57 percent to close at 2654.80 points. The day's turnover was CNY187.8 billion (USD27.3 billion), compared with that of CNY112.2 billion on Nov. 30.
The Shenzhen Component Index gained 3.34 percent to 7938.47 points, with CNY237.2 billion worth of stocks swapped. This was more than the previous trading day's tally of CNY155.3 billion.
The ChiNext Price Index, mostly comprising small-cap companies, rose 3.26 percent to close at 1,372.79 points. Some CNY69.60 billion worth of equities changed hands, which was more than the CNY47.6 billion on Nov. 30.
Editor: Emmi Laine