China stocks rise to seven-month high

Posted by 7Star Wednesday, April 8, 2009

Chinese stocks rose 0.80 percent to a seven-month closing high on Tuesday but turnover shrank as investors grew cautious with the main index near important technical resistance. Coal and non-ferrous metal shares outperformed on hopes for an economic recovery, and medical shares surged after news of a health care reform plan that aims to expand access to affordable coverage.

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