China’s Stocks Rise to Seven-Year High; B Shares Surge by Limit

April 13, 2015 3:29 AM

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China’s stocks climbed to the highest level since March 2008 as an unexpected drop in exports spurred speculation that authorities will increase stimulus to support economic growth.

China Merchants Bank Co. rose to a five-year high after resuming trading and announcing plans to sell shares. Almost all foreign-currency B shares traded on mainland exchanges gained by the 10 percent daily limit. Sa Sa International Holdings Ltd. led a slump by Hong Kong retailers after China limit...

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