Chinese stocks rise after data underscores economic recovery – Financial Times


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Chinese stocks were boosted by data showing the country’s factory activity recorded its strongest month in three years as global shares were on track to lock in their best month on record . Mainland China’s CSI 300 index of Shanghai and Shenzhen-listed stocks rose 1 per cent on Monday after activity in the country’s manufacturing and services sectors beat analysts’ expectations in November. The figures underscore the strength of the recovery in the world’s second-biggest economy from coronavirus. The official manufacturing purchasing managers’ index showed output from China’s factories grew at its quickest rate since 2017, while a gauge of...