More Gains Expected For China Stocks

The China stock market headed right back to the upside again on Monday, one session after ending the modes two-day winning streak in which it had collected 100 points or 3 percent. The Shanghai Composite Index has broken through the 3,250-point plateau and now sits at a 13-month closing high, and investors are looking for more gains in Tuesday's trade.

Among the gainers, Shanxi Antai Group, Shanxi Coking, Jiangsu Alcha Aluminium, Aluminum Corp. of China (Chalco) and Yanzhou Coal Mining all advanced by the 10 percent daily limit, while Jiangxi Copper added 7.2 percent and China Shenhua Energy rose 4.1 percent. Finishing lower, Sunshine City Group and China Vanke both fell by the 5 percent daily limit.

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