China stocks on Monday soared on growing optimistic bets on the world’s second-largest economy, Reuters reported. The Hang Seng Index closed up 0.9% at 24,428.63 points at its highest since November 2010. The CSI300 index of the leading Shanghai and Shenzhen A-share listings jumped 2.8%, while the Shanghai Composite Index gained 2.4% to 2,177.95 points. The jump put the onshore share indices squarely in the black for the first time this year after a disappointing recent performance. Bets are growing that China’s economy has turned a corner and investors expect more growth-friendly policies.
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