China stocks end higher on financial boost, post weekly losses


China stocks ended higher on Friday on gains for financial firms, following Beijing’s stamp duty cut proposal, though they post weekly losses amid renewed worries over Sino-U.S. tensions.

The blue-chip CSI300 index rose 0.5%, to 5,282.28, while the Shanghai Composite Index firmed 0.2% to 3,591.84 points.

Shenzhen’s start-up board ChiNext rose 1.3%,...