Stocks enjoy year's biggest weekly gain
By Li Xiang | China Daily | Updated: 2016-02-06 08:22
Year of Goat ends on high note as market has best week; liquidity, eased rules given credit
Chinese equities capped the biggest weekly gain this year despite a mild correction on Friday as liquidity injection by the central bank and eased rules on foreign funds helped alleviate market anxiety over its worst yearly start.
The benchmark Shanghai Composite rebounded by 1.4 percent this week. The index fell 0.6 percent to close at 2,763.49 points on Friday, the last trading day of the Year of the Goat after a three-day winning streak.
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