HONG KONG, July 29 China shares finished at
their highest this year on Tuesday, with turnover strong as
investor confidence improved after recent encouraging data and
The Shanghai Composite Index ended up 0.2 percent at
2,183.19 points, extending its winning streak to six days, the
longest since August 2013.
The CSI300 of the leading Shanghai and Shenzhen
A-share listings rose 0.3 percent, in its eighth daily gain in a
Top index boost Bank of Communications spiked
another 6.6 percent following a 9.9 percent jump the previous
day. The country's fifth-largest lender said late on Monday it
was studying a plan to sell stakes to private investors under a
government reform aimed at letting private capital play a bigger
role in the economy.
Among the biggest drags on the CSI300, Kweichow Moutai
shed 1.9 percent and Wuliangye Yibin
lost 2.5 percent.
(Reporting by Grace Li; Editing by Jacqueline Wong)