(Xinhua) 08:20, October 09, 2024

BEIJING, Oct. 8 (Xinhua) -- The combined turnover of China's Shanghai and Shenzhen bourses reached 3.45 trillion yuan (about 487.92 billion U.S. dollars) on Tuesday, surpassing the 2.59 trillion-yuan turnover recorded on Sept. 30 and hitting a new high.

The benchmark Shanghai Composite Index went up 4.59 percent to close at 3,489.78 points, while the Shenzhen Component Index closed 9.17 percent higher at 11,495.1 points.

Over 5,000 stocks ended higher, with the server-operating-system and semiconductor sectors leading the gains.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 17.25 percent to close at 2,550.28 points.

The market sentiment rose strongly on the Chinese government's announcement of a mix of policy measures including monetary stimulus and property market support policies to galvanize the economy's rebound.