Chinese Stocks Cap Best Day Since February on Stimulus Hopes
- Gains were broad-based, with all but one CSI sub-sectors up
- Investors anticipate more pro-growth measures after Politburo
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Chinese stocks rallied, with the onshore benchmark gauge capping its best day in nearly six months, as anticipation grew for Beijing to bolster its struggling economy.
The CSI 300 Index rose 2.2% on Wednesday, the most since Feb. 6, with broad gains across major sectors. The Hang Seng China Enterprises Index jumped as much as 2.4%, ranking among the region’s top performers.