Compiled by Caijing staff

(Caijing.com.cn) Chinese shares staged a late rebound on Friday, as strength in consumer goods stocks offset financial and property weakness.

The benchmark Shanghai Composite Index rose 0.46 percent to 3,187.65 points.

Trading in Shanghai hit 165.5 billion yuan (US$24.2 billion), up from 154.6 billion yuan on Thursday. Gainers led losers two to one.

The Shenzhen Component Index was up 0.64 percent to 13,264.40 points. Turnover reached 104.4 billion yuan, against 98 billion yuan on Thursday. Gainers led losers three to one.

Stocks tracked an overnight fall on Wall Street to open lower but pared losses in the late afternoon.

Consumer goods shares outperformed as strong October retail sales data, released Wednesday, continued to buoy the sector.

Sichuan Changhong Electric Co. (SSE: 600839), a leading domestic TV maker, rose 9.95 percent, just under the daily limit, to 6.52 yuan.

Silver Plaza Group Co. (SSE: 600858), a department store and retail chain operator, gained 9.98 percent to 24.35 yuan.

Suning Appliance Co. (SZSE: 002024), China's leading electronics goods retailer, climbed 4.51 percent to 18.29 yuan.

Shares of airlines rose after the government said it would allow them to start levying fuel surcharges again. Flag carrier Air China (SSE: 601111; HKEX: 0753) rose 3.33 percent to 8.39 yuan and 5.3 percent to HK$5.15 (US$0.66).

Financial shares took a beating amid the slide of Guoyuan Securities Co. (SZSE: 000728), the sixth-largest broker by revenue. Guoyuan tumbled 8.58 percent to 21.11 yuan after 500 million new shares in the brokerage became tradable on Friday.

China Pacific Insurance (Group) Co. (SSE: 601601), the country's third-biggest insurer, dropped 1.9 percent to 25.87 yuan.

Poly Real Estate Group Co. (SSE: 600048) declined 0.53 percent to 26.13 yuan while China Merchants Property (SZSE: 000024) fell 1.46 percent 28.95 yuan.

Shares of GD Power Development Co. (SSE: 600795), a subsidiary of China Guodian Corp., one of the country's five biggest electricity producers, rose 6.4 percent after the firm said it would buy about 5 billion yuan worth of assets from its parent. GD Power shares were suspended for a month prior to the announcement.

The company said late on Thursday that it plans to sell up to 783 million shares at 6.97 yuan each to its parent to fund the purchase of the latter's 80 percent stake in a power plant in east China's Jiangsu province.

1 yuan = 14 U.S.cents