SHANGHAI: Chinese stocks closed higher on Tuesday with tech shares leading the gains, buoyed by hopes of a sustained domestic economic recovery. The blue-chip CSI300 index rose 0.2% to 4,591.80, while the Shanghai Composite Index gained 0.21% to 3,224.36 points.
Tech shares led market gains in China, with Shanghai's Nasdaq-style STAR Market jumping nearly 4%. Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring a strong demand for technology shares.
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