Stocks rebound 0.23% after inflation data

Chinese shares on Wednesday regained some ground in the morning session after the release of favorable economic data, but went lower in the afternoon on sell-offs.

The benchmark Shanghai Composite Index closed the day 0.23 percent higher at 2150.76 points, compared to a 1.06 percent gain in the morning.

The Shenzhen Component Index gained 0.62 percent to 7065.47 points.