China stocks end firmer, investors await economic data

Kashmir Age
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Kashmir Age
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SHANGHAI:(Reuters) China stocks ended higher on Tuesday, with consumer and financial shares lending support as investors pondered the impact of new regulations on initial public offerings and ahead of a flurry of economic data.

The blue-chip CSI300 index rose 0.7 percent, to 3,492.88 points, while the Shanghai Composite Index gained 0.3 percent to 3,102.13 points.
China’s economy is likely to have remained on a stable footing in May, buoyed by solid gains in trade and investment as economic ties with the United States take a positive turn and infrastructure spending cushions domestic growth.

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