Injection gives stocks a boost
By Wu Yiyao In Shanghai | China Daily | Updated: 2016-02-03 08:23
Share prices of more than 120 firms listed in Shanghai, Shenzhen rise by 10 percent, hitting the daily limit
Chinese mainland stocks closed higher on Tuesday, reversing Monday's loss, after the central bank pumped 100 billion yuan ($15.2 billion) into the financial system and investor sentiment recovered in anticipation of improved liquidity.
The Shanghai Composite Index gained 2.26 percent to 2,749.57 points, while the Shenzhen Component Index climbed 3.1 percent to 9,610.93 points.
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