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China stocks end higher as healthcare gains on three-child policy


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SHANGHAI, June 1 (Reuters) - China stocks eked out gains on
Tuesday, helped by strength in healthcare firms, as investors
cheered Beijing s latest three-child policy after recent data
showed a dramatic decline in births in the world s most populous
country.
The blue-chip CSI300 index was up 0.2% at
5,341.68, while the Shanghai Composite Index added 0.3%
to 3,624.71.
Shenzhen s start-up board ChiNext slipped 0.3%,
while Shanghai s tech-focused STAR50 index firmed
1.2%.
Leading the gains, the CSI300 healthcare index
climbed 1.7%.
Birth- and fertility-related companies advanced as
investors continued to cheer Beijing s major policy support.
Married Chinese couples may have up to three children,
China announced on Monday. Beijing had scrapped its decades-old ....

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1st LD-Writethru: Chinese shares gain Tuesday


1st LD-Writethru: Chinese shares gain Tuesday
Xinhua
01 Jun 2021, 20:18 GMT+10
BEIJING, June 1 (Xinhua) Chinese shares extended gains on Tuesday, with stocks related to baby and childcare products soaring.
Both the benchmark Shanghai Composite Index and the Shenzhen Component Index inched up 0.26 percent, ending at 3,624.71 points and 15,034.78 points, respectively.
The combined turnover of stocks covered by the two indices reached 1.05 trillion yuan (about 165 billion U.S. dollars), surpassing the previous working day s close of 1 trillion yuan.
Stocks related to baby and maternal services showed strong performance on Tuesday, buoyed by China s decision on Monday to allow couples to have three children. ....

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