Chinese stocks closed higher Friday boosted by shares related to Xiongan New Area, a new economic zone to be built near Beijing.
The benchmark Shanghai Composite Index went up 0.26 percent to close at 3,158.40 points. The smaller Shenzhen Component Index closed 0.28 percent higher at 10,177.45 points.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, was up 0.08 percent to close at 1,796.13 points.
Total turnover on the two bourses shrank to 405.5 billion yuan (about 59.7 billion U.S. dollars) from 426.5 billion yuan the previous day.
Over 1,300 stocks across the two bourses gained, with stocks related to Xiongan New Area leading the gains.
Bohai Water Industry jumped 7.92 percent to close at 31.61 yuan, and Anshan Senyuan Road and Bridge surged by the daily limit of 10 percent to end at 18.9 yuan.
In April, China announced plans to establish Xiongan New Area as part of measures to integrate Beijing-Tianjin-Hebei development and cure "urban ills" such as traffic congestion and air pollution in the capital.
The construction of the new area will focus on a more efficient transport network, environmental protection, urban and rural integration and innovative urban planning.
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