KM Financial Solutions | China stocks rise; vaccine scandal caps gains
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China stocks rise; vaccine scandal caps gains

China stocks rise; vaccine scandal caps gains

China stocks rose on Monday,
aided by strength in financials and industrial stocks, but a
slump in healthcare shares amid a vaccine scandal capped broader
gains.
** The blue-chip CSI300 index rose 0.9 percent to
3,525.75 points while the Shanghai Composite Index ended
up 1.1 percent at 2,859.54 points.
** An index tracking major healthcare firms on the
mainland slumped 4.1 percent, led by a 10 percent drop in
Chongqing Zhifei Biological Products, hit by a
selloff af

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