Declines narrowed on Chinese shares with the benchmark Shanghai Composite Index dropped 1.24 percent to close at 4,003.54 points in the morning trading session on Thursday.
The index once dived 3.41 percent earlier in the morning.
The Shenzhen Component Index shed 1.30 percent to close at 13,473.94 points.
During Thursday's morning session, losers outnumbered winners by 725 to 199 in Shanghai, and by 1,075 to 295 in Shenzhen.
Stocks relating to oil, the Internet and medical care were biggest losers.
The ChiNext Index, China's Nasdaq-style board of growth enterprises, gained 0.47 percent to end at 2,772.45 points.
Several favorable policies were rolled out on Wednesday night in response to the plunging stock market, which has been on a more than two-week losing streak.
The two exchanges, and China Securities Depository and Clearing Company announced that transaction fees and transfer fees were to be reduced on the Shanghai and Shenzhen stock exchanges.
China Securities Regulatory Commission (CSRC), the securities watchdog, announced that stock brokerages were allowed to issue bonds to widen funding channels.
The previously strict rules on margin trading business of brokerages were also relaxed by the CSRC.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Ice cool skipper Alastair Cook insisted he never doubted England would hold their nerve after just preventing Bangladesh from pulling off an…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
The London Fashion Week (LFW) is one of the most sought out shows of the year. LFW is an annual fashion event…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday