China Stocks gain on improving business confidence

Mainland China stock market closed higher on Monday, 19 September 2016, as investors chased for bargain hunting after a long mid-Autumn Festival holiday on Thursday and Friday. Meanwhile, buying appetite improved after the People's Bank of China published surveys on Sunday showing business confidence among entrepreneurs in China had picked up for the second quarter in a row in 2016. The CSI300 index of the largest listed companies in Shanghai and Shenzhen added 0.75%, to 3,263.12 points, while the Shanghai Composite Index grew 0.77% to 3,026.05 points.

Powered by Capital Market - Live News