China’s benchmark stock index rebounded from the steepest loss in a week amid speculation President Xi Jinping’s U.S. visit will help technology and industrial companies boost exports.

The Shanghai Composite Index gained 0.8 percent to 3,141.79 at 9:41 a.m. local time, after slumping 2.2 percent on Wednesday. Ten stocks climbed for every one that fell as trading volumes slumped 42 percent below the 30-day average before the start of a weeklong holiday from next week. The gauge has fallen 2.8 percent this month, extending losses this quarter to 27 percent for the worst three-month period since March 2008.

Source: Bloomberg