Stocks in China saw strong gains on the first trading day of February as hopes rise for a U.S.-China trade deal. However, the country's manufacturing data came in below expectations.
Mainland Chinese markets saw gains on the day, as the Shanghai composite rose 1.3 percent to close at around 2,618.23 while the Shenzhen component jumped 2.738 percent to finish its trading day at about 7,684.00. The Shenzhen composite also climbed higher by 2.765 percent to close at approximately 1,309.99.
Source : CNBC