China stocks rise most in 3 months on loan, money data
A Chinese investor looks at share prices (red for price rising) at a stock brokerage house in Fuyang, east Chinas Anhui province, 10 January 2012.
Chinas stocks rose the most in three months after new lending and money supply exceeded estimates in December, boosting speculation the government is relaxing monetary policies to bolster economic growth. The Shanghai Composite Index gained 62.50 points, or 2.9 percent, to 2,225.89 at the close, its biggest advance since Oct. 12. The CSI 300 Index jumped 3.4 percent to 2,368.57.
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