China stocks end higher on optimism about swift economic revival


Source: sharenet.co.za sharenet.co.za

Key Topics in this News Article:

News Snapshot:

China stocks end higher on optimism about swift economic revival * SSEC +0.62%, CSI300 +0.62% * Robust northbound flows help lifting the index * Optimism from last week continues to drive markets - analyst BEIJING/SHANGHAI, June 9 (Reuters) - China stocks endedhigher on Tuesday, tracking gains in broader markets, as easingof coronavirus-induced lockdowns in many countries continued tofuel optimism about a quick economic recovery.** At the close, the Shanghai Composite index was up0.62% at 2,956.11.** Robust northbound flows worth 6 billion yuan (847.46 million)helped lift the index further, according to Refinitiv data.** The blue-chip CSI300 index was up 0.62%, with...