▲ Up
 
07:58 17-08-2017
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
China’s stocks head for longest winning streak in 3 weeks
13:21, 02 July 2014, 865

AKIPRESS.COM - China China stocks rose for a third day, the longest winning streak in three weeks, amid signs government efforts to arrest a slowdown are helping to stabilize the economy, according to the Bloomberg

Industrial companies led gains. Shipbuilder China CSSC Holdings Ltd. paced an advance for industrial shares, surging 8.5 percent. China Shipbuilding Industry Co., the nation’s biggest equipment supplier for the navy, and China Avic Electronics Co. added more than 2 percent.

China Enterprise Co. slid 1.7 percent as real-estate companies dropped the most among industry groups.

The Shanghai Composite Index added 0.3 percent to 2,056.72 at 2:14 p.m. local time. Data yesterday showed China’s Purchasing Managers’ Index grew at the fastest pace this year in June.

The expansion in manufacturing comes after the government introduced mini-stimulus including infrastructure spending to prevent a property slowdown from endangering Premier Li Keqiang’s growth target for this year.


Full access to all news articles in English

1 month2000 somsubscribe
year20000 somsubscribe
These subscription fees are for private individuals only. Please contact us via phone +996 (312) 900-776 or email info@akipress.org for corporate subscription inquiries
Twitterfacebookprint
© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75