Briefly

Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 18 pips to 6.799 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

Chinese mainland shares close higher

Chinese mainland stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 1.36 percent to 3967.13 points. The Shenzhen Component Index closed 2.77 percent higher at 14924.87 points.

XINHUA-CHINA DAILY