Chinese equities gain 1.37%, led by car and steel makers
Chinese stocks gained 1.37 percent on July 09 after two straight days' losses, boosted by car makers and steel makers.
The benchmark Shanghai Composite Index on the Shanghai bourse closed at 3,123.03 points, up 42.26 points. The Shenzhen Component Index closed at 12,637.94 points, up 149.36 points, or 1.20 percent.
Total turnover expanded to about 285 billion yuan (41.71 billion U.S. dollars) from 254.4 billion yuan on the previous trading day.