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Macro data boost rally on markets

China Daily | Updated: 2009-10-16 08:03

Macro data boost rally on markets

Chinese stocks advanced for a third day after new lending expanded in September, home prices increased at the fastest pace in a year and foreign direct investment quickened.

Bank of Communications Ltd gained 1.4 percent to 8.87 yuan and SAIC Motor Corp climbed 2.6 percent to 21.21 yuan.

China International Travel Service Corp jumped 45 percent to 17.08 yuan on its debut. It raised 2.6 billion yuan through an initial public offering.

Macro data boost rally on markets

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