Shipbuilding, liquor lifts shares

China stocks traded higher yesterday and gains were led by shipbuilding industry and liquor shares.

The shipbuilding industry and liquor shares caused China stocks to trade higher yesterday.

Compared to the 339.6 billion yuan in the previous trading session, turnover of the two major bourses totaled 402.3 billion yuan

Shanghai Composite Index benchmark move past 0.42% at 2,808.91 points. Meanwhile, Shenzhen Component Index increased 0.72% to end at 8,966.47 points.

Moreover the blue-chip CSI300 index added 0.45 % to 3,682.4 points.

Most sectors posted gains; shipbuilding and liquor industries, precious metals, including gold, led the drops to name a few.

Kweichow Moutai shares jumped a record-high 2.49% at 1043.33 yuan as most shares on the STAR Market gained.