Chinese onshore stocks rose for a second day to near a three-month high after private sector reports showed signs of recovery in manufacturing activity and home sales amid government efforts to shore up the economy.
The CSI 300 Index, which tracks the biggest companies listed in Shanghai and Shenzhen, added 0.2 per cent to 3,942.76 on Tuesday. The gauge reached 3,960.07 on June 25, the highest level since March 20. The Shanghai Composite Index added 0.4 per cent. Financial markets in Hong Kong are closed for a public holiday.
Among top winners, Loongson Technology jumped 6.4 per cent to 141.97 yuan and WuXi AppTec added 1.7 per cent to 70.70 yuan in Shanghai, while Eastroc Beverage Group rose 2.4 per cent to 321.70 yuan in Shanghai. Limiting gains, chip designer Cambricon Technologies slid 6.4 per cent to 563 yuan, while miner Ganfeng Lithium dropped 0.6 per cent to 33.56 yuan in Shenzhen.
Elsewhere, one stock debuted today. Shandong…
