(Bloomberg) -- China's key stock index rose, erasing
earlier losses, as investors judged excessive a correction that
caused the benchmark to tumble as much as 12 percent from its
closing high of a week ago.
The CSI 300 Index gained 50.62, or 1.3 percent, to 3928.21
at the close. It earlier retreated as much as 3.2 percent. Citic
Securities Co., China's most profitable brokerage, and Founder
Technology Group Corp., the second-largest computer maker, rose.
Read more at Bloomberg Stocks News
earlier losses, as investors judged excessive a correction that
caused the benchmark to tumble as much as 12 percent from its
closing high of a week ago.
The CSI 300 Index gained 50.62, or 1.3 percent, to 3928.21
at the close. It earlier retreated as much as 3.2 percent. Citic
Securities Co., China's most profitable brokerage, and Founder
Technology Group Corp., the second-largest computer maker, rose.
Read more at Bloomberg Stocks News
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