(Bloomberg) -- China's stocks rose to a record, with
the key index posting a fourth weekly gain in a row. China
Merchants Bank Co. led gains among lenders and property
developers on speculation profits growth will be sustained.
``Average first-half corporate earnings will increase by
about 80 percent,'' said Fan Dizhao, who helps manage about $1.8
billion at Guotai Asset Management Co. in Shanghai. ``Lenders and
developers are among those industries that are expected to report
fastest earnings growth.''
Read more at Bloomberg Stocks News
the key index posting a fourth weekly gain in a row. China
Merchants Bank Co. led gains among lenders and property
developers on speculation profits growth will be sustained.
``Average first-half corporate earnings will increase by
about 80 percent,'' said Fan Dizhao, who helps manage about $1.8
billion at Guotai Asset Management Co. in Shanghai. ``Lenders and
developers are among those industries that are expected to report
fastest earnings growth.''
Read more at Bloomberg Stocks News
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