China shares regain ground on signals of firm economic rebound

04.08.2020

Chinese shares clawed back lost ground on Monday after data showed that China's economic recovery is continuing to build momentum, but heightened Sino-U.S. tensions kept gains in check.

At the close, the Shanghai Composite index was up 0.26% at 3,205.23 and the blue-chip CSI300 index was up 0.51%.

Industrial firms' profits rose...