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On the monetary front, the central bank changed the wording for liquidity management in its second-quarter monetary policy report to "keep liquidity at a reasonable and ample level" from "ensure a reasonable, stable level of liquidity" in the first-quarter report.

On Tuesday evening, West Virginia became the 50th state to report an infection. Johns Hopkins University said the number of confirmed virus cases in the US stood at 6,159 as of Wednesday morning with 55 deaths. Globally, the total number of cases was 204,264, 82,107 listed as recovered and 8,244 deaths.

On Wednesday, Ctrip, another online travel agency in Shanghai, estimated that Chinese travelers would make about 110 million visits during the holiday break to 790-plus domestic and overseas destinations in 88 countries and regions.

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On Tuesday, Ren Zhengfei, CEO and founder of Huawei, said in an interview with Chinese media in Shenzhen, Guangdong province, that Huawei shares overlapping interests with US companies and the US government underestimated Huawei's ability to persevere.

On Tuesday, they kissed, hugged, held hands and slapped each other's backs.

On a monthly basis, new house prices in China's four first-tier cities - Beijing, Shanghai, Shenzhen and Guangzhou - rose 1.3 percent in December, up 1 percentage point from the previous month, the National Bureau of Statistics said in a statement.

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On the global market, oil prices are back above per barrel as Saudi Arabia and Russia, the world's two largest crude oil producers, expected to further limit oil production.

On Thursday, the BOK revised South Korea's growth outlook to 2.2 percent, down 0.3 percent from the conventional 2.5 percent, and cut the base interest rate by 25 basis points to 1.5 percent.

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On Tuesday, Amazon reported that the five days from Thanksgiving to Cyber Monday broke previous sales records for the retailer, with Monday itself now the single biggest shopping day in Amazon’s history based on the total number of products ordered worldwide. Across the five days, the company said customers in the U.S. purchased millions more products than during the same period last year.

On the other hand, the block trade investment market in Beijing was overall active with strong transactions in 2017. The total transaction value reached 50.3 billion yuan, up 36.6 percent year-on-year, the highest in the last 10 years.