China Stocks Rise for Second Day
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China's stock market saw gains for the second consecutive day, with the Shanghai Composite rising 0.5% to approximately 3,990 and the Shenzhen Component increasing by 1.2% to 13,380. This uptick was influenced by a rebound in Wall Street, enhancing global risk appetite. Investors are anticipating China's upcoming trade and inflation data, while Premier Li Qiang projected the economy to surpass CNY 170 trillion in five years, emphasizing the opening of the domestic market to global firms. Notable gainers included TBEA Co (6.4%) and Hygon Information (7.2%).
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