China's key stock index closed with 1.8% hike on Wednesday, which is its largest percentage gain in a matter of three weeks that was stimulated by retail plays on expectations regarding a roaring financial system, which would aggravate consumer demand.

In Hong Kong, the share market wiped out previous gains to end in the red, which had been pulled by the faults in China Mobile and Chinese banks.

The Shanghai Composite Index surged to 3,033.278 points, bouncing back from the largest single-day percentage slump in eight months time on Monday, as the Government moved forward to tighten up its hold on speculation that is going on in the real estate market. People yet seem to be worried regarding controls on the real estate market.

The majority of the day's top gainers were retail firms. Wu Nan, at Xiangcai Securities stated that the retail sector is steadier than other sectors for the ones, who are looking to invest their money.

At this time when the market circumstances are uncertain, as they have been in this week, retail stocks appear to be a safer alternative to make investments.