REFILE-WRAPUP 3-China stocks rise but offshore yuan hits new low

miércoles 6 de enero de 2016 05:03 GYT

(Changes sequence to Wrapup 3, not 2)

* CSI300 index up 1.75 pct, Shanghai Composite up 2.3 pct

* Central bank surprises market with weak opening fix for yuan

* Offshore yuan at new low, record spread with onshore

* China's services sector growth slows to weakest in 17 months

SHANGHAI, Jan 6 (Reuters) - China's blue chip shares ended sharply higher on Wednesday after state media said a selling ban on major shareholders brought in to help arrest a market crash last summer would remain in place until the government publishes new rules on such disposals.

The ban was set to expire at the beginning of next week, but after markets crashed 7 percent on Monday, the China Securities Regulatory Commission (CSRC) said it would implement a new policy to manage the pace of stakeholder sales, without specifying when the new policy would be ready.

The CSI300 index rose 1.75 percent to 3539.81, while the Shanghai Composite Index gained 2.3 percent to 3,362.29 points.

China CSI300 stock index futures for January were up 2 percent at 3,465, still about 75 points below the underlying index, indicating expectations of weakness to come.   Continuación...