News Snapshot:
SHANGHAI (Reuters) – Chinese stocks rose on Tuesday, driven by a recovery in the tech sector, boosted by hopes for a robust recovery in the PRC economy. The Shanghai Composite Index rose 0.21% to 3.224.36 points, while the blue-chip CSI300 Index added 0.22% to 4.591.80 points. The financial sector sub-index dropped 0.69%, the consumer goods sector added 0.27%, the real estate index fell 0.55%, and the health sector rose 1.21%. The ChiNext Composite Startup Index rose 1.67%. The rally was led by shares of Anhui Tongfeng Electronics, Jiangsu SINOJIT Wind Energy Technology and Xinjiang Korla Pear, each adding 10.1%. The...
