The Shanghai Composite closed up 1.98% on Fridays close. The 7% circuit breaker has been suspended as well.

On Friday, the Shanghai Composite closed up 1.98 percent after trading down as much as 1.89 percent and up as much as 3.32 percent shortly after the market open. The Shenzhen Composite finished 1 percent higher, while CSI 300 index ticked up 2.04 percent. All three indexes see-sawed wildly from positive to negative in the first 30 minutes after trade started. Hong Kong’s Hang Seng Index closed 0.59 percent higher.