Mumbai, July 27 -- Chinese stocks ended higher on Monday, with the Shanghai Composite rising 1.15% to 3,858.2 and the Shenzhen Component gaining 2.72% to 14,148.7. Investors looked past concerns that the blockbuster stock market debut of memory-chip maker CXMT could reduce liquidity in the broader market.

CXMT's shares jumped more than 500% from their IPO price of CNY 8.66 on the first day of trading, making it the most valuable company listed on mainland Chinese exchanges. The strong debut highlighted continued investor interest in China's semiconductor sector, supported by expectations that government efforts to boost technological self-sufficiency will benefit chipmakers.

Economic data also provided support. China's industrial profit...