Shanghai Composite climbs to the highs of the year

Chinese stock markets are a hot spot to start the year and money is flowing back in today after a dip mid-week.

• Shanghai Composite +1.2%
• Hang Seng +1.5%
• CSI300 +1.8%

For Shanghai stocks, that's the best level of the year as some of the domestic money makes its way into broad Chinese markets rather than the just tech. That's a good sign that optimism about the real economy is improving.