Rebound hopes buoy Shanghai stock index

The Shanghai Composite Index yesterday hit its highest level since June, led by health care and financial firms, on speculation that a rebounding mainland economy will help end a three-year bear market.

The benchmark rose 0.37 per cent to 2,285.36, the highest level since June 20. The Hang Seng China Enterprises Index rose 0.3 per cent to 11,973.07 as the Hang Seng Index dipped 0.01 per cent.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1122380/rebound-hopes-buoy-shanghai-stock-index