Friday, July 6, 2007

China's CSI 300 Index Surges by Most in Six Months: World's Biggest Mover

(Bloomberg) -- China stocks rose the most in six
months, led by Shenzhen Development Bank Co. and Citic Securities
Co., on speculation the government will take measures to support
the market after the benchmark index fell for a third week.

The CSI 300 Index climbed 172.85, or 4.9 percent, to close
at 3710.28, its biggest gain since Jan. 15 and the largest
percentage move among markets included in global benchmarks.
Tianjin FAW Xiali Automobile Co. was one of 15 stocks on the
index that advanced by the daily limit.


Read more at Bloomberg Stocks News

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