China shares rebound to near multi-month highs, auto makers jump
Feb 8 (Reuters) - China shares rebounded from Thursday's loss to hit new multi-month highs on Friday, led by automakers after strong January sales as investors also cheered positive trade data ahead of the week-long Lunar New Year holiday.
The CSI300 of the top Shanghai and Shenzhen A-share listings ended up 0.4 percent on the day and 1 percent on the week at 2,771.7.
The Shanghai Composite Index rose 0.6 percent on Friday and 0.6 percent this week. This was the second-straight weekly gain for both indexes. Onshore Chinese markets will be shut next week and resume trading on Feb. 18.
(Reporting by Clement Tan; Editing by Jacqueline Wong)
Feb 8- China shares rebounded from Thursday's loss to hit new multi-month highs on Friday, led by automakers after strong January sales as investors also cheered positive trade data ahead of the week-long Lunar New Year holiday. The CSI300 of the top Shanghai and Shenzhen A-share listings ended up 0.4 percent on the day and 1 percent on the week at 2,771.7.