China's shares prices kept bullish run on Wednesday as the benchmark Shanghai Composite Index stayed above the 4,000-point mark at the close.

The key Shanghai index climbed 1 .60 percent, or 63.07 points, to finish at all time high of 4,013.08 points despite profit taking brought down the index by 0.60 percent in the morning trade.

The component index on the smaller Shenzhen Stock Exchange rose1.02 percent, or 116.62 points, to 11,517.75 points.

Combined turnover of the two bourses hit record high of 380.4 billion yuan (49.4 billion U.S. dollars). (one U.S. dollar equals 7.6971 yuan)