The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 8.75 percent higher at 2,060.48 points on Tuesday.
The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 10.73 percent higher at 1,903.16 points.
The sci-tech innovation board, commonly known as the STAR Market, was inaugurated in June 2019 at Shanghai Stock Exchange. It is designed to support companies in the high-tech and strategic emerging sectors.
China's STAR Composite Index closes higher Tuesday
A China Coast Guard (CCG) spokesman announced that, out of humanitarian considerations, Chinese authorities on Tuesday morning permitted the transfer of injured personnel from a Philippine vessel that was illegally "grounded" at China's Ren'ai Jiao in the South China Sea.
Jiang Lue, spokesman for the CCG, said the transfer, under the monitoring of the Chinese side, was conducted via a small boat of a Philippine vessel.
The transfer came a day after Philippine personnel from the illegally grounded Philippine ship LT-57 carried out a malicious provocation, attacking a CCG patrol boat with oars, poles and other tools and injuring a CCG officer's right arm. The CCG responded with maximum restraint, taking lawful measures to stabilize the situation.
The CCG will continue to carry out law-enforcement activities to safeguard China's territorial sovereignty and maritime rights and interests at Ren'ai Jiao and its surrounding waters in accordance with the law, the spokesman added.
China permits injured Philippine personnel transfer from illegally grounded vessel
