(Yicai Global) Aug. 27 -- Chinese shares shed some gains in the afternoon, with the main indexes closing higher.

The Shanghai Composite Index closed at 2,902.14, up 1.35 percent. The Shenzhen Component Index surged 1.86 percent to 9,443.18, and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, rose 1.71 percent to 1,628.12.

Editor: Ben Armour