China stocks post best month in six as policy tightening fears ease; Shanghai Composite index firms at close
SHANGHAI: China stocks eked out gains on Monday and posted their best monthly gain in six as soft domestic factory activity in May eased worries over policy tightening, while a stronger yuan boosted foreign inflows.
The blue-chip CSI300 index rose 0.2 per cent to 5,331.57, while the Shanghai Composite Index firmed 0.4 per cent to 3,615.48.
Shenzhen’s start-up board ChiNext added 2.4 per cent, while Shanghai’s tech-focused STAR50 index closed up 4.1 per cent.
Leading the gains, the CSI new energy…
