China stocks enjoy biggest 3-day gain in 4 months on stimulus hope
Gains have pared Shanghai Composite Index's losses this year to 19 per cent
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Shanghai
CHINA'S stocks rose for a third day, led by property developers and commodity producers, on continued optimism that policymakers will unveil more measures to boost growth at this week's legislative meetings.
The Shanghai Composite Index completed its biggest three-day gain since November. Hangzhou Binjiang Real Estate Group Co rallied for a fourth day on speculation that rising home prices in the country's top cities will buoy earnings. Hong Kong's Hang Seng Index retreated after two days of gains.
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