The Shanghai Composite rose 1.24% to close at 3,813 while the Shenzhen Component surged 3.89% to 12,591 on Friday, staging a strong rebound from the prior session’s selloff sparked by regulatory concerns. On Thursday, reports indicated that regulators were considering cooling measures to rein in a $1.2 trillion rally since early August, including loosening short-selling curbs and tightening oversight of speculative trading to shield retail investors from sharp losses. Adding support, the People’s Bank of China said it would inject 1 trillion yuan into the banking system through outright reverse repo operations, a move seen as aimed at calming markets. Technology shares led Friday’s rally, with notable gains from Zhongji Innolight (10.3%), Eoptolink Technology (11.9%), Victory Giant (20%), Cambricon Technologies (6.6%) and Sungrow Power (16.7%). Despite the rebound, both benchmark indexes finished the week in negative territory.