Indexes of China's two stock exchanges continued to go up on Wednesday, after Chinese shares surged more than 2.6 percent on Tuesday.

The Composite Stock Index on the Shanghai Stock Exchange closedat 1,089.91 points, up 17.10 points from the previous close, whilethe Component Stock Index on the Shenzhen Stock Exchange closed at 2,886.52 points, up 54.95 points.

The total turnover on the Shanghai and Shenzhen stock exchanges reached 10.5 billion yuan and 6.9 billion yuan, respectively, which are larger than the previous turnovers.

Some shares surged more than 5 percent.

Shares of the Sany Heavy Industry Co., and the Goldbull Energy Co., two companies picked up by the government for the first round of experiment on non-tradable shares, witnessed their prices jump 10 percent on Wednesday.

Some analysts said the leading stock index of Shanghai would soon surpass 1,100 points.

Source: Xinhua