China Stocks Rise Most in Week as Brokerages Rally, IPOs Surge

China’s stocks rose the most in a week in thin turnover as brokerages rallied and the second round of companies making their trading debuts surged after a five-month halt on new share offerings was lifted.

The Shanghai Composite Index climbed 0.8 percent to 3,498.86 at 10:11 a.m. Citic Securities Co. and Haitong Securities Co. jumped at least 4 percent.

Source: Bloomberg

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Chinese Stocks Fluctuate as Brokerages Drop, Gold Miners Advance

China’s stocks swung between gains and losses as Citic Securities Co. led a decline for brokerages after it said it has been unable to contact two executives, while gold producers advanced on the biggest jump for bullion prices since April.

The Shanghai Composite Index slipped 0.1 percent to 3,529.28 at 10:26 a.m. local time.

Source: Bloomberg

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