China's Stocks Surge Most in Six Months; Shenzhen Bank, Citic Pace Advance

(Bloomberg) -- China's stocks surged the most in
almost six months on speculation recent declines were excessive
and the government will take measures to support the market.

The CSI 300 Index climbed 172.85, or 4.9 percent, to close
at 3710.28, its biggest gain since January 15. The benchmark fell
5.5 percent yesterday. Shenzhen Development Bank Co. and Citic
Securities Co. led the rebound.


Read more at Bloomberg Stocks News

China's Stock Index Gains, Rebounding From Loss of As Much As 7.5 Percent

(Bloomberg) -- China's CSI 300 Index rebounded from a
loss of as much as 7.5 percent. Citic Securities Co. gained after
the brokerage said it plans to sell shares valued at about $2.5
billion.

The benchmark CSI 300 Index gained 20.54, or 0.6 percent, to
3531.97 as of 2:26 p.m. local time. The increase stopped a slide
that's wiped out about $402 billion of market value. The fall was
sparked by the government's move to triple the tax on securities
trading on May 30.


Read more at Bloomberg Emerging Markets News

China's CSI 300 Index Extends Losses; Shanghai Port Leads Decliners

(Bloomberg) -- China's stocks extended a slide that's
wiped out at least $402 billion of market value over the past
four days after the government tripled the tax on securities
trade.

The benchmark CSI 300 Index, which tracks yuan-denominated A
shares listed on China's two exchanges, dropped 23.99, or 0.7
percent, to 3487.44 as of 9:42 a.m. local time, after gaining as
much as 0.52 percent.


Read more at Bloomberg Stocks News

China's Stocks Fall, Resuming Slide, After Government Triples Trading Tax

(Bloomberg) -- China's shares fell, erasing earlier
gains, on concern the government will step up efforts to cool
the market after a tripling of the tax on securities trades
failed to deter new investors.

The CSI 300 Index, which tracks yuan-denominated A shares
listed on China's two exchanges, slid 9.61, or 0.2 percent, to
3918.34 as of 1:58 p.m. local time, after earlier climbing as
much as 2.2 percent. Account openings at brokerages exceeded
400,000 for the third time in a row on May 30, when stamp duty
was raised to 0.3 percent and the CSI 300 plunged 6.8 percent.
The benchmark rose 1.1 percent yesterday.


Read more at Bloomberg Stocks News

China Stocks Decline After Central Bank Raises Interest Rates, Reserves

(Bloomberg) -- Chinese stocks, the world's best
performers this year, fell after the country's central bank
raised interest rates to cool an investment boom in the world's
fastest-growing major economy.

The CSI 300 Index, which tracks yuan-denominated A shares
listed on the country's two exchanges, dropped 52.13 points or
1.4 percent to 3724.50 at 9.36 a.m., after falling as much as 3.5
percent. The measure has climbed 88 percent in dollar terms this
year, leaving it valued at 35 times estimated earnings. It's the
most expensive of the world's 10 largest stock markets, according
to data compiled by Bloomberg.


Read more at Bloomberg Stocks News