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A Chinese investor reacts in front of a display showing prices of shares (red for price rising and green for price falling) at a stock brokerage house in Huaibei city Cheap Air Max 97 Summit White , East China's Anhui province, June 30, 2015. [Photo IC]
Stocks surged on Tuesday amid volatility, with the benchmark Shanghai index posting the biggest gain since 2009 after swinging 432 points.


The Shanghai Composite Index closed at 4,277.22, up 5.5 percent or 224.19 points, with the intraday swing marking its most since 1992, while the Shenzhen Component Index rallied 5.7 percent to 14,337.97. 432 points.


About 200 stocks jumped by the daily limit Cheap Air Max 97 Undefeated , led by financial, mining and medical companies.


Bank of Communications, Guotai Junan Securities, Guosen Securities and West Securities surged by the daily limit of 10 percent. Insurers including China Life Insurance, China Ping An, China Pacific and New China Life Insurance all gained more than 7 percent.


The country's largest four exchange-traded funds that track blue-chips reported a total net inflow of about 10 billion yuan on Monday, reported China Fund News, a financial newspaper owned by People's Daily, raising possibility of the purchase made by Central Huijin Investment Ltd Cheap Air Max 97 Womens , the shareholding entity behind the country's major State-owned financial enterprises.


The net inflow at such scale was rare, which showed "mysterious" capital had moved to buy up at the perceived market low, said the newspaper.


"Despite the recent loss, net-buy orders increased compared with that of Friday and the transaction volume have stayed at a relatively high level," said the China Securities Regulatory Commission (CSRC) in a release published on its official microblog on Monday evening, after the benchmark swung 422 points and slid 3.3 percent at the close.


The total turnover at the Shanghai and Shenzhen markets reached 1.6 trillion yuan on Tuesday.


Medical companies rebounded, with 14 stocks including Jiangzhong Pharmaceutical Co and Hualan Biological Engineering Co surging by the daily limit of 10 percent.


The fundamentals remain unchanged that reform dividends will continue to unleash under an upward economic trend, and the market liquidity is abundant, said Zhang Xiaojun Cheap Air Max 97 Mens , spokesman of the CSRC, adding that the commission will accelerate the opening up of Chinese capital market and encourage long-term investors, domestic and overseas.


BlackRock Inc, the world's largest asset manager, plans to start using the Shanghai-Hong Kong trade link, reported Bloomberg on Tuesday.


The firm's Hong Kong-domiciled China A-Shares Fund plans to invest part of an initial $60 million via the stock connect after a round of successful tests, said Marc Desmidt, BlackRock's head of strategic product management for Asia Pacific to Bloomberg.


The decision to use the link isn't related to the latest market decline, Desmidt said. The money manager already has about $1.5 billion of quota to buy mainland shares through separate programs for qualified foreign institutions.


It could still be years before China's second aircraft carrier Cheap Air Max 97 , the first such ship developed domestically, will be combat-ready, Chinese experts said Monday, after reports said that the flight deck is being installed and it could hit the water soon.


"The experience China has learned from the building and operations of the aircraft carrier Liaoning help us avoid delays [in building one]," Li Jie, a Beijing-based naval expert, told the Global Times, noting that it could be three to five years before the new carrier becomes combat-ready.


Satellite imagery of the Dalian shipyard on May 17 showed that the installation of flight deck segments was underway on the hull of the aircraft carrier, according to a Thursday report published on the website of the UK-based Jane's Defense Weekly.


Building aircraft carriers caters to China's increasing need for protection of both its territorial sovereignty and overseas interests Cheap Nike VaporMax Mens , Guo Xiaobing, deputy head of the Institute of Security and Arms Control Studies under the China Institutes of Contemporary Internationals Relations, told the Global Times on Monday.


China's first aircraft carrier, the Liaoning, is a refitted Russian-made carrier delivered to the Chinese Navy on Sept 25, 2012. It has a full displacement of over 50,000 tons, the Xinhua News Agency reported.


"China needs at least three aircraft carriers to truly form battle effectiveness," Guo said Cheap Nike VaporMax Womens , adding that there should be one cruising, one for training and one under maintenance.


Hull completed


In late May, the US-based magazine Popular Science reported that the ski ramp, bridge, and flight deck are the next major parts to be installed since the carrier has most of its hangar bay installed.


Installing the flight deck means the building of the carrier hull is near completion, Lan Yun, deputy editor-in-chief of the Beijing-based Modern Ships magazine, told the Global Times on Monday.


"The flight deck covers up the carrier's hull, which means the interior facilities Cheap Nike VaporMax CS , including the main engine, boiler, propulsion drives and major compartments have been assembled," Lan added.


Equipment installation and testing, including in the aircraft hangar, operational command room, communication room and engine compartment will still need time, Li said, adding that the ship's command bridge will then be installed.


So Cheap Nike VaporMax Laceless , despite the achievement of installing the flight deck, it will take approximately a year before the carrier can be launched, and another one or two years of outfitting before it officially enters service, Li said.


Similar to Liaoning


On December 31, 2015, China's Ministry of Defense spokesperson Yang Yujun confirmed the construction of the country's second aircraft carrier, which is also the first to be independently designed.


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