The combined turnover of China's Shanghai and Shenzhen bourses reached 2.14 trillion yuan (about 302.5 billion U.S. dollars) on Thursday, marking the fourth consecutive trading day with volume exceeding 2 trillion yuan.
The benchmark Shanghai Composite Index was up 1.32 percent to 3,301.93 points, while the Shenzhen Component Index closed 0.82 percent lower at 10,471.08 points.
Shares related to coal, wind power and banking sectors led the gains, while the semiconductor, securities and property sectors suffered major losses.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 2.95 percent to close at 2,212.91 points Thursday.
China's central bank announced Thursday that it has decided to set up Securities, Funds and Insurance Companies Swap Facility (SFISF), with the initial scale of 500 billion yuan (about 71 billion U.S. dollars) for "the healthy and steady development of the capital market."
The SFISF, which is the first monetary policy tool created by China to support the capital market, will allow eligible securities, funds and insurance companies to use their assets including bonds, stock ETFs and holdings in constituents of the CSI 300 Index as collateral in exchange for highly liquid assets such as treasury bonds and central bank bills, the People's Bank of China said in a statement.
This development sparked interest in high-dividend stocks, with stocks controlled by state capital collectively rising.
More than 10 stocks including Metallurgical China (601618.SH), China Railway Group Ltd. (601390.SH) and COFCO Capital (002423.SZ) hit limit up.
Shanghai, Shenzhen bourses see fourth day with combined turnover topping 2 trillion yuan
U.S. forces completed "self-defense strikes" against Iran in response to the downing of a U.S. Army Apache helicopter on Monday, the U.S. Central Command (CENTCOM) said Tuesday.
In a post on social media platform X, CENTCOM said that it "struck Iranian air defense, ground control stations, and surveillance radar sites near the Strait of Hormuz with precision munitions from U.S. Air Force and Navy fighter jets."
In an earlier post on X, CENTCOM said the strikes started at 17:00 U.S. Eastern Time (2100 GMT) at U.S. President Donald Trump's direction.
Trump said on Tuesday that it was "important" for the U.S. to respond to Iran's downing of the U.S. helicopter, and that the strikes "should be very strong, very powerful."
Following the U.S. announcement of launching strikes, Iranian media reported that several explosions were heard early Wednesday local time and that air defense systems were activated in the port city of Bandar Abbas, Qeshm Island, Sirik County and Jask County in southern Iran.
The semi-official Tasnim news agency reported that six explosions were heard in Sirik, Qeshm Island and the southern city of Minab, adding that areas in the three regions were attacked by U.S. fighter jets.
According to a report by The Times of Israel on Tuesday, Israeli Defense Forces (IDF) Chief of Staff Eyal Zamir said that the Israeli military has always maintained and will continue to maintain a state of readiness to resume combat operations against Iran at any time. Zamir said that all of Israel's defensive and offensive systems are on high alert, and that Israel intercepted relevant threats and carries out swift and powerful strikes against Iran. These actions were in preparation for even "more significant and severe blow" on Iran, he said.
U.S. completes strikes in response to Iran's attack on Apache helicopter: Central Command
