Chinese stock index jumps 5.3 percent China’s key stock market index has closed more than five percent higher, giving investors some relief after losses that wiped some 20 percent off its value over the past week SHANGHAI COMPOSITE INDEX 5,000.00 5,500.00 4,500.00 4,000.00 3,500.00 3,000.00 2,500.00 2,000.00 Jan Feb Mar Apr May Jun Jul Aug Dec 31, 2014: 3,234.68 Jun 12: 5,166.35 Jul 8: 3,507.19 Aug 26: 2,927.29 Aug 27: Shares close 5.3 percent higher at 3,083.59 – biggest gain since Jun 30 Source: Bloomberg