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China's blue-chip index shows maximum gain in 7 weeks per session

Index "blue chips" China showed the maximum gain in 7 weeks per session

SHANGHAI (Reuters) - Index "blue chips" China's CSI300 surged on Tuesday at its highest in more than seven weeks after surpassing analyst expectations of the world's second largest economy.

A private survey found that business activity in China's manufacturing sector accelerated growth in November at the fastest pace in 10 years.

"We believe the November manufacturing PMI gain ... reflects decent sequential growth and we expect the PMI to remain strong over the coming months", - written by Nomura analysts.

Index "blue chips" CSI300 climbed 2.15% to 5,067.10 points, the highest one-day gain since October 12. The Shanghai Composite Index rose 1.77% to 3.451.94 points.

The financial sector sub-index is up 2.83%, the consumer goods sector is up 1.52%, the real estate index is up 0.13%, and the health sector is up 3.17%..

ChiNext Composite Startup Index Gains 2.53%.

The Hong Kong index climbed 0.86% to 26.567.68, while the Hang Seng China Enterprises rose 1.07% to 10.659.64.

(By Andrew Galbright; translated by Olga Devyatiarova. Editor Anna Kozlova)

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