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The Mainland China share market finished session higher on Wednesday, 28 April 2021, on the back of strong earnings, while investors waited for a likely politburo meeting later this week. At closing bell, the benchmark Shanghai Composite Index was up 0.42%, or 14.46 points, to 3,457.07. The Shenzhen Composite Index, which tracks stocks on China s second exchange, rose 0.83%, or 19.01 points, to 2,300.94. The blue-chip CSI300 index added 0.56%, or 28.72 points, to 5,119.24.
Traders were keeping a close watch on the April politburo meeting, the top decision-making body of China s ruling Communist Party, for comments and guidance on policy deliberations.
Shares in Contemporary Amperex Technology Co, the world s biggest battery maker for new energy vehicles, climbed 5.3% after reporting a 22% jump in its 2020 net profit.