China stocks soar 7.6 pct on stimulus hopes Reuters - Wednesday, August 20 SHANGHAI, Aug 20 - China's main stock index soared more than 7 percent on Wednesday because of hopes that the government would introduce a stimulus package to boost the slowing economy and aid the stock and property markets. ADVERTISEMENT Individual investors, many of whom had lost heavily during a 10-month bear market, cheered in the trading hall of a Shenyin & Wanguo Securities branch in downtown Shanghai as the index posted its biggest daily rise since April. Vice premier Li Keqiang said on Tuesday that China needed...
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China stocks soar 7.6 pct on stimulus hopes
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