China shares rise, the blue-chip index has best week since November
Chine stocks
Shanghai - SPA
Chine stocks rose on Friday, helping the blue-chip index have its best week since November and close at its highest in 17 months thanks to solid data, a slowing in the pace of new listings and a central bank move to ease liquidity worries, Reuters reported.
Stocks were also supported by expectations that index publisher MSCI will decide to include Chinese shares in its benchmark index on June 20.
On Friday, The blue-chip CSI300 index rose 0.4 percent, to 3,576.17 points, while the Shanghai Composite Index added 0.3 percent to 3,158.40 points.
For the week, the CSI300 advanced 2.6 percent - its best week since the one ending Nov. 25, 2016.
The SSEC gained 1.7 percent this week, its best weekly advance since April.
Source : SPA
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