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China Daily | Updated: 2014-12-26 09:10

Lenders, construction firms trigger stock rally

Share prices rebounded from the biggest two-day loss in 18 months on Thursday as construction and bank shares gained after the government pledged to support machinery exports and on speculation the government is taking steps to boost lending. Sany Heavy Industry Co and Zoomlion Heavy Industry Science and Technology Co both rallied by the daily limit of 10 percent. The State Council pledged to guarantee financing for exports of large equipment and encourage lending by commercial banks for equipment manufacturing. China Construction Bank Corp led gains for lenders, rising 6.8 percent.

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