China Stocks rise for third day

Mainland China stock market closed higher for third day in row on Thursday, 03 March 2016, on hopes for further stimulus efforts announcement during a key meeting of China's top legislature that starts on Saturday. But, gains were limited after Moody's downgrade on the credit outlook for China and more than 70 mainland-owned companies The Shanghai Composite Index ended up 10.08 points, or 0.35%, at 2859.76. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, rose 7.09 points, or 0.23%, to 3058.42.

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