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China Daily | Updated: 2013-05-17 07:43
Property sector leads stock rise
Chinese mainland stocks rose the most in two weeks, led by property developers and financial companies, after the benchmark index traded at its biggest discount to global markets in more than three years. A gauge of real-estate companies posted its biggest gain in a month, with China Vanke Co and Poly Real Estate Group Co advancing at least 4.3 percent. The Shanghai Composite Index rose 1.2 percent to 2,251.81 at the close, paring its drop this year to 0.8 percent.
$137m granted in new investment
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