Economics
China’s Stocks Rise for 4th Day on NPC Reform Speculation
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China’s stocks rose for a fourth day, paced by telecommunication and consumer-staple companies, amid speculation lawmakers will announce economic-reform measures during an annual policy meeting this week.
China United Network Communications Ltd. jumped the most since October and state-owned Shanghai Friendship Group Incorporated Co. surged 9 percent. Surveillance-equipment makers Zhejiang Dahua Technology Co. and Hangzhou Hikvision Digital Technology Co. climbed after a deadly train station in Kunming boosted speculation demand for such devices will rise.