China Stocks rebound 0.61%

Mainland China stock market rebounded from one-month low on Tuesday, 02 August 2016, as investors chased for bottom hunting, with real estate shares leading rally on encouraging price reports, while small-caps bounced on signs of foreign interest. However, trading remained thin as investors are still concerned about the economy, and worry about market liquidity as regulators step up their crackdown on speculative trading while nine companies launch initial public offers this week. The CSI300 index of the largest listed companies in Shanghai and Shenzhen gained 0.39%, to 3189.05, while the Shanghai Composite Index inclined 0.61%, to 2971.28 points.

Powered by Capital Market - Live News