China stocks end higher as easing Covid-19 curbs lift sentiment


Source: leportale.com leportale.com

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SHANGHAI (June 7): Chinese equities closed higher on Tuesday (June 7), helped by gains in consumer stocks on hopes of a demand recovery as Beijing further eased Covid -19 curbs , while investors booked profits in some shares that had rebounded sharply in recent sessions. The blue-chip CSI 300 Index rose 0.3% to 4,179.13, while the Shanghai Composite Index gained 0.2% to 3,241.76. The Hang Seng Index fell 0.6% to 21,531 .67, while the China Enterprises Index lost 0.4% to 7,467 .87 points. In the latest sign of easing curbs in the capital Beijing , the Universal Beijing Resort said...