Chinese blue-chip shares rose on Tuesday and the Shanghai Composite Index inched higher on a rebound in high-tech firms and as renewed optimism over U.S.-China trade deal offered a mild boost.
At the close, the blue-chip CSI300 index was up 0.35%, with its financial sector sub-index lower by 0.27%, the consumer staples sector up 0.94%, the real estate index down 0.16% and the healthcare sub-index up 1.06%. The Shanghai Composite index edged up 0.03% to 2,907.06.
Top trade negotiators from China and the United States held a phone call on Tuesday morning, China's Commerce Ministry said, as the two sides try to hammer out a preliminary “phase one” deal in a trade war that has dragged on for 16 months.
Source : Reuters