(Yicai Global) March 5 -- Chinese stock markets opened lower this morning, but the ChiNext board rose to buoy the other markets throughout the entire day.

The Shanghai Composite Index closed at 3,054.25, up 0.88 percent, with CNY383 billion (USD57 billion) changing hands.

The Shenzhen Component Index rose 2.25 percent to close at 9,595.74, flipping CNY514 billion. 

The ChiNext price Index, which tracks growth enterprises in Shenzhen, gained 3.5 percent to 1,676.57 with CNY158 billion in turnover.

Editor: Ben Armour