Baidu, Other China Stocks Up On New Gov’t Econ Plan

By | April 8, 2015

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Baidu (BIDU) and other China stocks soared Wednesday as investors stormed Hong Kong’s stock market, sending the benchmark Hang Seng Index to its highest point since 2008 and setting record trading volumes. Recent government stimulus efforts and new initiatives allowing mutual funds to buy shares in Hong Kong using a new trading link contributed to the investment surge, according to the Wall Street Journal. China is taking steps to bolster its Scalper1 News

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