China stocks rise after initial sharp drop this morning

China stocks rise after initial sharp drop this morning
 

Fears of further policy tightening and a flood of supply from initial public offerings also added to the gloomy mood in early trading, though sentiment improved after data showed the economy expanded 6.9 percent in the second quarter, slightly faster than expected. 
Growth in June industrial output and retail sales also came in stronger than expected.
China's blue-chip CSI300 index rose 0.2 percent to 3,711.16 points by the end of the morning session, while the Shanghai Composite Index was roughly flat at 3,218.75. Both had been down more than 2 percent in early trade. 
However, the... read more

 
17 July 2017 in World News, Views: 43
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