(Bloomberg) -- China's key stock index rose 3.5
percent, after plunging as much as 7.5 percent, on speculation
the government will take steps to halt a rout that wiped out more
than $400 billion of market value in less than a week.
Datong Coal Industry Co. and Hong Yuan Securities Co. were
among 20 stocks on the measure that rose by the 10 percent daily
cap. Only two index members fell by the maximum, down from about
100 at the midday break.
Read more at Bloomberg Stocks News
percent, after plunging as much as 7.5 percent, on speculation
the government will take steps to halt a rout that wiped out more
than $400 billion of market value in less than a week.
Datong Coal Industry Co. and Hong Yuan Securities Co. were
among 20 stocks on the measure that rose by the 10 percent daily
cap. Only two index members fell by the maximum, down from about
100 at the midday break.
Read more at Bloomberg Stocks News
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