Chinese stock index jumps 5.3 percent as Asian stocks rise in wake of Wall Street's surge

EnergyAssociated Press

China's main stock market index has surged 5.3 percent, its biggest gain in eight weeks, as Asian markets rose following Wall Street's overnight rebound.

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The Shanghai Composite Index jumped 156.30 points to close at 3,083.59 points Thursday, bouncing back from a string of sharp declines.

It was the Chinese benchmark's biggest one-day gain since in June 30.

Stock markets also rose in Japan, South Korea, Hong Kong, Sydney and elsewhere across the Asia-Pacific region.