Stocks end up 4% on fresh stimulus hopes

Shanghai stocks rose sharply yesterday, led by financials and producers of coal and base metals, on hopes that a meeting of top economic policy makers would come up with fresh stimulus steps for the economy.

The Shanghai Composite Index closed 4.01 percent higher at 1965.414 points, only marginally off the day's high of 1965.83.

More than 45 of Shanghai A shares jumped their 10 percent daily limits.