Stocks rise on ample liquidity

Analysts expect more policy easing to strengthen sentiment

Chinese stocks gained on Thursday hitting a one-week high, indicating improved market sentiment, boosted by government measures to stimulate the economy before the Chinese New Year holiday.

The benchmark Shanghai Composite Index rose 1.53 percent to close at 2781.02. The Shenzhen Component Index rose 1.6 percent while the startup index ChiNext gained 1.73 percent.