Chinese shares continued to rise for the fourth consecutive trading day on August 4, but at a slower pace as investors are cautious.
The benchmark Shanghai Composite Index rose 0.26 percent, or 8.85 points, to finish at 3,471.44. It set a record close since the gauge ended at 3,473.09 on May 23, 2008.
A woman smiles at a stock exchange in China's Chongqing Municipality, Aug. 4, 2009. China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 3,471.44 Tuesday, up 8.85 points, or 0.26 percent, from the previous close. The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 13,904.55 Tuesday, up 47.55 points, or 0.34 percent, from the previous close.
The Shenzhen Component Index gained 0.34 percent, or 47.55 points, to end at 13,904.55.
Combined turnover expanded to 380.71 billion yuan (55.74 billion U.S. dollars) from 358.9 billion yuan on the previous trading day.