The blue-chip CSI 300 Index rose 0.5% and the Shanghai Composite Index added 0.3% by the lunch break.
The Hang Seng Index in Hong Kong and the Hang Seng China Enterprises Index both rose 0.7%.
Other Asian shares also rose in cautious trading, with investors choosing to focus on corporate profit prospects and the resilience of the economy American economy in anticipation of tensions in the Middle East.
Dozens of Chinese listed companies announced late Monday plans to buy back shares or scrap plans to sell shares, following a slew of measures taken by authorities to boost a weak stock market.
China’s third-quarter gross domestic product (GDP) figures, due on Wednesday, are expected to show a slowdown in growth as demand falters at home and abroad, according to a Reuters poll.
“The Chinese economy is showing signs of stabilization… However, these signs could be due to base effects, price factors or sampling biases,” said Ting Lu, chief China economist at Nomura.
‘The bottom line The Chinese stock market ultimately depends on a real improvement in economic data,” Vanho Securities said in a note.
Brokerage stocks rose 2.1%, while semiconductor companies and new energy companies added more than 1% each.
But real estate and healthcare stocks both lost more than 1%.
Hong Kong-listed tech giants added 0.7%.
