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China's stocks rebound on gains of heavyweights

Chinese shares rebounded strongly Wednesday, led by banking, brokerage and property shares, after the country vowed Tuesday it would continue its proactive fiscal policy in the second half of the year.

The benchmark Shanghai Composite Index gained 2.26 percent, or 58.3points, to end at 2,633.66 points.

The Shenzhen Stock Index climbed 2.45 percent, or 258.96 points, to 10,825.17 points.

Total turnover expanded to 223.3 billion yuan (33.3 billion U.S. dollars) from 162.12 billion yuan on the previous trading day.

Gainers outnumbered losers by 867 to 4 in Shanghai and 971 to 12 in Shenzhen.

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