China’s CSI 300 Gains 20% From December Low; Set for Bull Market
China’s stocks rose, driving the CSI 300 Index towards a bull market, after rebounding 20 percent in a month amid signs of an economic recovery in the world’s second-largest economy.
The gauge tracking 300 yuan-denominated A shares traded in Shanghai and Shenzhen gained 0.6 percent to 2,538.19 at 10:45 a.m. local time, the highest level since June 20. Health-care and financial companies led the rally. The Shanghai Composite Index advanced 0.5 percent to 2,287.61, extending its rebound to 17 percent since a near four-year low on Dec. 3.
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