China stocks rise, bolstered

China stocks ended higher on Monday as robust gains in consumer and healthcare firms helped the market recoup earlier losses after curbs out of Beijing weighed on the banking and property sectors.

The blue-chip CSI300 index rose 0.7 percent, to 4,020.89 points, while the Shanghai Composite Index closed up 0.5 percent at 3,388.17 points.

Consumer and health care firms led the gains with Yonghui Superstores surging 8.6 percent to a new peak, leading a 2.9 percent gain in consumer sector, while the world’s most valuable liquor maker Moutai also hit a fresh high.

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Article source: http://www.dailystar.com.lb//Business/International/2017/Nov-06/425320-china-stocks-rise-bolstered-by-consumer-and-healthcare-firms.ashx