China stocks close higher as property shares rally

27.07.2022

Shanghai stocks rose on Tuesday after a three-session slide, as real estate developers rallied further on news that Beijing was planning to set up a fund to aid the troubled industry.

The blue-chip CSI300 index rose 0.8% to 4,245.98, while the Shanghai Composite Index gained 0.8% to 3,277.44.

The Hang Seng index...