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China Stocks Rise Despite Disappointing Factory Activity Data

Tuesday, 30 April 2019 14:51 WIB

Indeks Shanghai CompositeSaham Cina CSI 300 Blue-Chip

c_740_198_16777215_00_images_assets_CHINA_88china_stocks.jpg

China stocks rose on Tuesday despite lacklustre factory activity data, with some analysts saying that sharp corrections recently have largely reflected expectations of a slower economic growth.

The China market will be closed starting Wednesday due to the Labour Day holidays, and will reopen on Monday, May 6.

The blue-chip CSI300 index rose 0.3 percent, to 3,913.21, while the Shanghai Composite Index gained 0.5 percent to 3,078.34.

Source : Reuters

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