China stocks inch up as property shares rise on policy hopes
SHANGHAI Dec 9 China stocks edged up on
Wednesday, with property shares surging on policy support hopes
as well as signs that insurers are scrambling for stakes in
major real estate firms.The market was also aided by stabilizing resource shares,
bolstered by evidence that Beijing is accelerating consolidation
among metal producers.The blue-chip CSI300 index rose 0.4 percent, to
3,635.94, while the Shanghai Composite Index gained 0.1
percent, to 3,472.44 points.
Investors seemed Read more [...]