China Shares Surge After Beijing Boosts Reserve Ratios but Nixes Interest Rate Hike
Asian markets headed north Monday. China’s Shanghai Composite Index climbed 2.9% to 2,923 and Hong Kong’s Hang Seng Index rose 0.7% to 23,317. In Japan the Nikkei 225 Index advanced 0.8% to end the day at 10,294.
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