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China Stocks Inch Up; Trade Worries Offset Upbeat Factory Data Cheer


Monday, 2 December 2019 14:42 WIB

SahamChina Indeks CSI


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China stocks ended higher on Monday after upbeat factory activity reports, but gains were limited by anxiety over the prospects of a proposed Sino-U.S. trade deal.

The blue-chip CSI300 index rose 0.2%, to 3,836.06, while the Shanghai Composite Index added 0.1% to 2,875.81.

China’s factory activity expanded at the quickest pace in almost three years in November, with solid increases in output and new orders, a private business survey showed on Monday.

That came after official data showed factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth.

Source : Reuters


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