Chinese shares soar on Friday

Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 2.91 percent at 3,261.56 points.

The Shenzhen Component Index closed 4.71 percent higher at 10,357.68 points.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, rose 7.95 percent to close at 2195.10 points.