China stocks post 7th week of gains as interest shifts to blue chips

April 17, 2015 7:15 AM

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SHANGHAI, April 17 (Reuters) - China stocks rose to fresh seven-year highs on Friday, posting their seventh straight week of gains, as investor interest shifted from pricy small caps to blue chip shares.

The SSE50 Index futures , based on an index tracking China's 50 big companies, jumped 7.4 percent on debut while the CSI500 Index futures which is based on an index tracking 500 small-cap stocks, fell 1.4 percent.

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