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China’s Stocks Rise for Second Day as Money-Market Rates Drop

China’s stocks climbed for a second day as money-market rates slid after the central bank’s first reverse-repurchase operations in three weeks. Technology and Guangdong province-based companies led gains.

GoerTek Inc., an Apple Inc. supplier, jumped the most in a month after the U.S. company signed a deal with China Mobile Ltd. to sell iPhones. Guangzhou Baiyun International Airport Co. gained 4.1 percent after the Shanghai Securities News said a free-trade zone plan for Guangdong has been submitted to the State Council. Jiangsu Hengrui Medicine Co. fell 3.4 percent to drag down health-care companies.