China: Stocks close up on mixed data

[SHANGHAI] China stocks closed up on Wednesday as investors wagered on further stimulus after a mixed batch of data showed growth in Asia's giant economy remained lacklustre at best.

The market was dragged down in early trade by a retreat in financial sector shares but managed to bounce in the afternoon.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen was unchanged at 3,833.65, while the Shanghai Composite Index gained 0.3 per cent, to 3,650.25 points.

Total turnover of A shares traded in Shanghai was 36 billion lots, while Shenzhen volume was 38.2 billion lots.

REUTERS