China stocks end higher on financial boost, but post weekly losses – Reuters
By Reuters Staff
SHANGHAI, June 4 (Reuters) – China stocks ended higher on Friday on gains for financial firms, following Beijings stamp duty cut proposal, though they post weekly losses amid renewed worries over Sino-U.S. tensions.
** The blue-chip CSI300 index rose 0.5%, to 5,282.28, while the Shanghai Composite Index firmed 0.2% to 3,591.84 points.
** Shenzhens start-up board ChiNext rose 1.3%, while Shanghais tech-focused STAR50 index added 1.2%.
** Financial firms led the gains on Friday.
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