China Stocks up on repo injection

The Mainland China equity market finished higher for straight third session on Thursday, 20 July 2017, with sentiment supported by Chinese central bank's injection of funds into the banking system and expectations of robust first-half corporate earnings. Most sectors gained, led by real estate and consumers stocks, as investors expanded their search for blue-chips still attractively priced. The blue-chip CSI300 index rose 0.5%, to 3,747.88 points, while the Shanghai Composite Index added 0.4% to 3,244.86 points.

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