Equities rise on Wen's economic policy comments

SHANGHAI - Stocks on the Chinese mainland rose for a third day after Premier Wen Jiabao said the government will fine-tune its economic policies as needed, boosting speculation the central bank may halt interest-rate increases.

Developers China Vanke Co and Poly Real Estate Group Co jumped at least 3.5 percent after Wen said officials will make adjustments at a "suitable time and by an appropriate degree" and Guotai Junan Securities Co said the central bank might cut borrowing costs.

Anhui Conch Cement Co surged to the highest in two months after profit more than doubled.