Equities regain ground on govt reassurances
By Cai Xiao | China Daily | Updated: 2016-01-23 08:08
Regulations will be used to curb volatility, says top official
Share prices rose on Friday after the government signaled it will curb overcapacity in industries that have been dragging down economic growth.
The benchmark Shanghai Composite Index gained 1.25 percent to close at 2,916.56 points while the Shenzhen Component Index jumped by 1.36 percent.
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