Bloomberg News

China’s Stocks Rally on Easing Inflation, Manufacturing Outlook

October 24, 2011

Oct. 24 (Bloomberg) -- China’s stocks rallied as inflation concerns eased after pork prices dropped, the China Banking Regulatory Commission announced more measures to help small companies and a report showed manufacturing may expand for the first time in four months.

The Shanghai Composite Index climbed 2.1 percent to 2,365.46 at 1:41 p.m. local time. The CSI 300 Index advanced 2.6 percent, led by financial stocks.

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net


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