China shares up on major capital influx


China stocks closed higher on Friday as consumer staples and chipmakers gained, while huge overseas money inflows also helped lift A-shares.The blue-chip CSI300 index rose 0.9%, to 4,901.02, while the Shanghai Composite Index gained 0.9% to 3,607.43.

For the week, the CSI300 index edged up 0.8%, while the Shanghai Composite Index added 1.2%.Activity in...