Equities up as stimulus may stay

SHANGHAI - The mainland's stocks rose for a second day on the prospect the government may delay withdrawing stimulus to support the economy and won't announce additional measures to crack down on the property market.

Baoshan Iron & Steel Co advanced 2.9 percent and China Shenhua Energy Co gained 1.3 percent after central bank Governor Zhou Xiaochuan said the nation should be careful in exiting anti-crisis policies. Cosco Shipping Co climbed 2.8 percent as Citic Securities Co recommended buying the shares.

Poly Real Estate Group Co led developers higher on a report that a government document didn't mention a property tax.