Economics
China’s Stocks Rise the Most in Three Months
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China’s stocks rallied the most in three months, led by financial and commodity companies, on speculation the government will take measures to support economic growth after an unexpected drop in exports.
Ping An Bank Co. and Industrial Bank Co. rose more than 3 percent. Yanzhou China Coal Energy Co. jumped 10 percent, while Jiangxi Copper Co., the largest copper producer, surged the most since January. China Merchants Property Development Co., the third-biggest developer, rose 8.9 percent after the company said profit probably more than doubled in the first six months.