China stocks surges to 4-year high

Mainland China stock market advanced to four-year high on Friday, 19 December 2014, as risk sentiments remained bullish on growing expectations of more monetary easing. All sectors rose, with shares of metal and transport companies being major gainers. The benchmark Shanghai Composite was higher by 51.07 points, or 1.67%, to finish at 3108.60, its highest close since November 11, 2010 when it closed at 3147.74.

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