China Stocks Jump on Hopes Xi Will Announce Reforms in Shenzhen
- Chinese shares listed in Hong Kong post best day since July
- Nation’s president is scheduled to give speech later this week
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China stocks climbed on optimism before President Xi Jinping’s address in the southern city of Shenzhen this week.
The Hang Seng China Enterprises Index rose 2.7% at the close, the most since July 6. Xiaomi Corp. surged 8.4% to lead gains, while Industrial & Commercial Bank of China Ltd. jumped the most in three years. The CSI 300 Index rose 3% as it trades near a five-year high.