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China Daily | Updated: 2010-03-27 07:56
Stocks get a boost from bank profits
China's stocks rose the most in a week after banks reported higher profit and property developers rallied on speculation the government will delay raising interest rates.
The Shanghai Composite Index gained 1.3 percent to close at 3,059.72, the most since March 17. The index lost 0.3 percent this week amid concerns that a drought in southwestern China will push up food prices and fuel inflation.
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