China Stocks end higher

Mainland China stock market advanced on Tuesday, 07 June 2016, on hopes that Beijing will accelerate its long-promised reforms for bloated and inefficient state enterprises. Meanwhile, sentiments were buoyed by growing hopes that MSCI will include Chinese shares in its emerging market index in a decision next week. But gains were marginal, on caution ahead of a as a flurry of economic data in coming weeks that will paint a clearer picture of the Chinese economy, and a long weekend which starts on Thursday. The CSI300 index of the largest listed companies in Shanghai and Shenzhen declined 0.05%, to 3177.05, while the Shanghai Composite Index added 0.07%, to 2936.04 points.

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