China stock index posts biggest daily gain since 2008
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NewsTranscript
00:00Chinese stocks saw their biggest gain in 16 years as A shares hit record turnover, driven
00:06by Beijing's latest stimulus measures.
00:09The CSI 300 blue chip index has risen nearly 30 percent since its February low, suggesting
00:16a bull market although much of the increase happened quickly over a few sessions last
00:21week.
00:22Many traders eager not to miss the rally before a week-long holiday starting Tuesday helped
00:29lift the CSI 300 index by 8.5 percent at the close, resulting in a five-day gain of
00:35over 25 percent, the highest on record.