NEWS
08/27/2015 03:49 EDT | Updated 08/27/2016 01:12 EDT

Chinese stock index jumps 5.3 per cent as Asian stocks rise in wake of Wall Street's surge

BEIJING — China's main stock market index has surged 5.3 per cent, its biggest gain in eight weeks, as Asian markets rose following Wall Street's overnight rebound.

The Shanghai Composite Index jumped 156.30 points to close at 3,083.59 points Thursday, bouncing back from a string of sharp declines.

It was the Chinese benchmark's biggest one-day gain since in June 30.

Stock markets also rose in Japan, South Korea, Hong Kong, Sydney and elsewhere across the Asia-Pacific region.

The Associated Press