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Chinese stocks end with healthy gains

Mar 05 2019 12:32

Shanghai stocks ended on Tuesday sharply higher after China unveiled huge tax cuts to boost the stuttering economy, while investors remain optimistic about the chances of a trade deal with the United States.

The benchmark Shanghai Composite Index climbed 0.88% to 3 054.25, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 2.28% to 1 635.98.

The Hang Seng Index in Hong Kong closed marginally higher, inching up 2.01 points, to 28 961.60.

equities  |  markets  |  china stocks
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