Sunday, April 29, 2007

China Stocks Rise, Set for Record Month; China Vanke Advances on Earnings

(Bloomberg) -- China's stocks rose, set to complete a record monthly gain, after companies including China Vanke Co. and Hainan Airlines Co. reported higher earnings.

The benchmark CSI 300 Index, which tracks yuan-denominated A shares listed on China's two exchanges, rose 21.23, or 0.6 percent, to 3492.27 at 10:20 a.m. local time. It's up 26 percent since March 30, headed for the biggest monthly increase since the benchmark was introduced in April 2005.


Read more at Bloomberg Stocks News

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