China stocks jump to 7-year highs on factory survey

April 1, 2015 7:18 AM

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SHANGHAI, April 1 (Reuters) - Chinese stocks jumped to fresh seven-year highs on Wednesday on hopes that the country's troubled factory sector was regaining traction, and as retail investors continued to flock to Asia's best performing market betting on further gains.

An official factory survey showed activity expanded in March for the first time in three months, although growth was marginal and orders remained weak, reinforcing calls for further policy easing by the government to bolster a slowing economy.

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