Main­land stock in­dex rises on pol­icy spec­u­la­tion

China Daily (Canada) - - BUSINESS -

Led by de­vel­op­ers, main­land stocks rose for the first time in three days amid spec­u­la­tion the govern­ment won’t step up property curbs any­time soon. The Shang­hai Com­pos­ite In­dex gained 0.3 per­cent to 2,059.58 at the close. Govern­ment of­fi­cials speak­ing at theNa­tional People’s Congress in Bei­jing de­scribed the hous­ing mar­ket in most cities as sta­ble and said it will get long-term sup­port from ur­ban­iza­tion.

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