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China stocks recouped early losses to end modestly higher on Tuesday, led by gains in finance, consumer and real estate shares. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.3 percent to 3,074.78 points, while the Shanghai Composite Index edged up 0.2 percent to 2,864.37 points.
Both indexes were down around 1 percent by midday as traders took profits following sharp gains on Monday. Declines were broad based across most sectors, but volumes were tepid. Total A-share trading volume in Shanghai was, at 8.22 billion shares, on track for the lowest volume since early January. Shenzhen volume was 10.40 billion shares. A value above 100 indicates Shanghai shares are pricing at a premium to shares in the same company trading in Hong Kong, and vice versa.
The northbound quota for the Hong Kong-Shanghai Stock Connect, currently set at 13 billion yuan ($2 billion), saw net inflows of 0.09 billion yuan.
Total trading volume of companies included in the HSI index was 0.6 billion shares.

Copyright Reuters, 2016

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