Stocks put on increase to three-week high
By Bloomberg | China Daily | Updated: 2017-01-05 07:44
Chinese mainland shares climbed to a three-week high, led by an advance in rail companies and liquor makers.
The Shanghai Composite Index added 0.7 percent to 3,158.79 at the close. China Railway Group Ltd and Guangshen Railway Co rallied more than 2 percent after Xinhua News Agency said China would invest about 800 billion yuan ($115 billion) in railways this year, the same amount as in 2016.
Kweichow Moutai Co climbed to a record ahead of the Lunar New Year peak consumption period. The Hang Seng China Enterprises Index fell 0.2 percent as energy producers lagged.
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