Futures on the CSI 300 Index expiring in June gained 1.1 percent to 2,159.40 as of 9:20 a.m. local time. Shanghai Oriental Pearl (Group) Co. may move on a plan to form two ventures with Sony Corp. to make and sell PlayStation gaming consoles.
The Shanghai Composite Index climbed 0.7 percent to 2,034.57 on May 23, capping a 0.4 percent gain last week. The CSI 300 Index rose 0.8 percent to 2,148.14 on May 23. The Hang Seng China Enterprises Index advanced 0.1 percent. The Bloomberg China-US 55 Index, the measure of the most-traded U.S.-listed Chinese companies, added 0.2 percent in New York.
Premier Li said the nation will fine-tune policy when needed and solve problems such as tight funds for the real economy, especially for small companies, according to a statement posted on the central government��s website on May 23.
Copy Source: Bloomberg