China Stocks End Up. Investors Await Subsidy News.

China Stocks End Up. Investors Await Subsidy News.

Chinese shares closed higher, led by semiconductor and technology stocks.

Investors await more details on the nation's trade-in subsidies program expected Wednesday, as part of the government's efforts to boost consumption.

Among gainers, Cambricon Technologies jumped 10.6%, Giga Device Semiconductor rose 5.7%, Hygon Information Technology gained 9.7% and Lens Technology was up 7.1%. Pharmaceuticals led losses, with Shanghai RAAS Blood Products down 4.9% and Huadong Medicine 3.5% lower. CATL shed 2.8% after being added to the U.S. list of Chinese military companies.