China Stocks rise on upbeat services PMI

Mainland China stock market finished higher fourth consecutive day on Thursday, 05 January 2017, after private survey showing that growth in China's services sector accelerated to a 17-month high in December, with the transportation-related shares leading gains. The blue-chip CSI300 index, which tracks large companies in Shanghai or Shenzhen, eased 0.02% to 3,367.79, while the Shanghai Composite Index rose 0.21% to 3,165.41 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.16% to 2,005.58. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, shed 0.38% to 1,983.97 points.

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