SHANGHAI: China stocks gained more than 1% on Thursday, bucking the trend in Asia, as investors snapped up battered property shares, betting Beijing will relax policies to prevent a sector-wide collapse.
The blue-chip CSI300 index rose 1.6%, to 4,898.65 points, while the Shanghai Composite Index gained 1.2% to 3,532.79 points.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
