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KM Financial Solutions | China stocks edge higher, shake off tepid GDP growth
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China stocks edge higher, shake off tepid GDP growth

20 Jan China stocks edge higher, shake off tepid GDP growth

Posted at 04:40h in News by
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Shares in China and Hong Kong
climbed on Monday despite the Chinese economy reporting its
slowest annual expansion in 28 years, as investors bet on
Beijing to spend more to prop up growth.
** At the midday break, the Shanghai Composite index was
up 0.7 percent at 2,613.53 points.
** China’s blue-chip CSI300 index also gained 0.7
percent, with its financial sector sub-index higher
by 0.4 percent, the consumer staples sector up 1.1
percent, and the healthcare sub-inde

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