Shenzhen-HK link talk sparks surge

Key gauges increase by big margins as new economic blueprint boosts investor confidence

Share prices surged on Wednesday, boosted by reports of a stock connect between Shenzhen and Hong Kong by the end of the year and renewed optimism about China's new economic blueprint.

Market gauges of both Shanghai and Shenzhen rocketed on Wednesday to the highest points in more than two months. The Shanghai Composite Index jumped by 4.31 percent to 3,459.64 points, while the Shenzhen Component Index surged 5.29 percent to 11,884.9 points. ChiNext Index, the NASDAQ-style board of the Shenzhen Stock Exchange, surged by 6.38 percent to 2,584.32 points.