China stocks set for weekly advance amid implementation of new economic policies

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Shanghai Metersbonwe Fashion & Accessories Co. climbed 10%, while the Shanghai Composite Index added 1.6% to 2,229.24, the highest advance since October, after Chinese government called for implementation of policies that will increase financial aid for small businesses, reduce overcapacity and boost domestic consumption. The CSI 300 Index gained 1.9% to 2,471.32 and Hang Seng China Enterprises Index sank 0.2%.

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