(Yicai Global) Jan. 21 -- Chinese stock markets closed sharply higher with medical device shares rising over 3 percent to lead the gainers after major US indexes hit an all-time high yesterday.

The Shanghai Composite Index closed up 1.07 percent at 3,621.26. The Star 50 Index, which tracks tech stocks on Shanghai’s Nasdaq-style board, climbed 0.06 percent to 1,482.28.

The Shenzhen Component Index rose 1.95 percent to 15,520.60. Shenzhen's ChiNext Price Index surged 2.46 percent to 3,283.72.

Editor: Ben Armour