皇冠体育app

-- Chinese shares surged suddenly near the end of morning trade on Friday, led by State-owned banks and oil giants.

The benchmark Shanghai Composite Index climbed 3.19 percent to end the morning trade at 2,148.39 points. The Shenzhen Component Index rose 2.91 percent to end at 8,468.58 points.

Industrial Bank of 皇冠体育app (ICBC), the country's largest lender, and Petro皇冠体育app, the nation's biggest producer, both rose briefly near the daily increase limit of 10 percent before pulling back.

ICBC was up 4.05 percent to end the morning trade at 4.11 yuan ($0.66), while Petro皇冠体育app gaining 3.86 percent to 8.34 yuan.

Shortly after the morning session closed, Shanghai Stock Exchange issued a statement on its official weibo account that its trading system was operating normally, in response to rumors the sudden burst was caused by a system abnormality.

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