China stocks rise at open after cuts to interest rates, reserve requirements

August 26, 2015 1:54 AM

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China stocks rise at open after cuts to interest rates, reserve requirements

SHANGHAI China's major stock indexes opened up on Wednesday after aggressive monetary easings announced by the central bank on Tuesday evening following a massive market slide.

The CSI300 index .CSI300 rose 0.7 percent to 3,062.57 points at 1:26 GMT, while the Shanghai Composite Index .SSEC gained 0.5 percent to 2,980.79 points.

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