Mumbai, July 21 -- Chinese stocks rose strongly on Tuesday, with the Shanghai Composite gaining 1.79% and the Shenzhen Component jumping 4.81%, as investors welcomed fresh measures from authorities to support the technology sector after its recent sharp decline.

Investor confidence was boosted by strong institutional buying. The ChinaAMC STAR 50 ETF attracted a record 13.8 billion yuan (around $2 billion) in net inflows, highlighting renewed demand for Chinese technology stocks.

Support also extended to the insurance sector. China Life Insurance said one of its units had invested more than 10 billion yuan in stocks and mutual funds and plans to increase investments in companies operating in emerging industries. Similar investment commit...