China's equity appreciates on positive earnings outlook

Note: This section contains information in English only.
Source: Bloomberg
The Shanghai Composite Index increased by 0.3% to 2,317.85 points by midday in Asian trading session on Tuesday. The index has reached the highest value since 18th of July, 2012. The market expanded its gain after a yesterday's 3.1% increase, as government said it can increase quota ten times for foreign financiers to purchase domestic securities. Today investors traded on a positive earnings outlook, as Citigroup Inc., Shanghai Electric Power company and satellite-navigation firms indicated higher earnings perspective.
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