上海股市

Shanghai sets the pace for regional gains

Asian stock markets enjoyed a positive session as regional leaders pledged to keep economic stimulus measures in place, although robust Japanese growth figures had only a limited impact.

Chinese stocks set a strong pace, with the Shanghai Composite index climbing 2.7 per cent – its best performance for more than a month – to 3,275.05, a three-month high.

Speculation that “hot money” was flowing into China, amid mounting pressure for renminbi appreciation, helped fuel buying of stocks, analysts said.

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