China's Stock Index Breaches 4,000 for First Time; World's Biggest Mover

(Bloomberg) -- China's CSI 300 Index rose above 4000
for the first time, driven by a surge in new investors who are
ignoring warnings of a bubble to enter a market that's doubled
this year.

China International Marine Containers Co. and Tsingtao
Brewery Co. were among 11 stocks to rise by the 10 percent daily
limit on the 298 member index. Jiangxi Copper Co. climbed after
the price of the metal gained by the daily cap in Shanghai.


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