Yuan, China stocks keep riding high on consumer demand confidence

26.01.2021

China shares ended higher on Monday, underpinned by consumer and liquor stocks, though gains were limited by Sino-U.S. tensions.

The blue-chip CSI300 index rose 1% to 5,625.92, while the Shanghai Composite Index added 0.5% to 3,624.24. Leading the rally, the CSI300 consumer staples index climbed 4.7%, while the CSI300 consumer discretionary...