China stocks rise for fifth day, longest streak in three months
In this multiple exposure image, a Chinese investor checks the prices of shares (red for price rising and green for price falling) at a stock brokerage house in Qingdao city, east Chinas Shandong province, 21 May 2013. Chinas stocks rose for a fifth day, sending the benchmark index to its longest winning streak in three months, as technology and solar companies climbed on improving earnings prospects. The Shanghai Composite Index (SHCOMP) gained 0.2 percent to 2,305.11 at the close, the highest since March 25. The five-day streak is the longest since an eight-day rally that ended Feb. 6. The Shanghai index has rebounded 6 percent since May 2 on speculation the government is accelerating economic reform after saying investment projects for airports and gas fields wont need pre-approval any more.
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