Banking sector fluctuates and strengthens, Shanghai Rural Commercial Bank hits limit-up reaching a 3-year high.

In early trading, Shanghai Agricultural and Commercial Bank hit the limit up, reaching a new high in over 3 years. Chongqing Agricultural and Commercial Bank rose nearly 6%, while Hangzhou Bank and China CITIC Bank hit record highs. Industrial Bank, Rui Feng Bank, Ping An Bank, and Zhengzhou Bank were among the top gainers.