Economics
China’s Stocks Rise on Policy Easing Speculation
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China’s stocks rose, driving the benchmark index to its biggest gain in two months, amid speculation government data tomorrow will show economic growth slowed, giving policy makers scope to loosen monetary policy.
China Shenhua Energy Co. and China Coal Energy Co. advanced more than 2 percent on expectations an earthquake in Indonesia will strain supplies from the world’s largest exporter of thermal coal. Citic Securities Co. advanced to a nine-month high after the stock-market regulator approved 11 more overseas investors to buy yuan-denominated securities. Hainan Airlines Co. rallied on a plan to receive assets from its parent.