China stocks rise on upbeat factory activity data, trade deal hopes

Chinese shares rose on Friday
to finish the week higher on stronger-than-expected factory
activity data and growing optimism around a potential trade deal
between the United States and China.
** At the close, the Shanghai Composite index was up 1%
at 2,958.20, up 0.1% from the previous week. The blue-chip
CSI300 index rose 1.7%, up 1.4% week-on-week.
** CSI300’s financial sector sub-index rose 1.9%,
the consumer staples sector was up 0.4%, the real
estate index gaine