SHANGHAI -- Chinese stocks hit the highest level in three and a half years on Monday, lifted by anticipation of increased dividends and speculation about new measures to end a real estate downturn.
Equities
China stocks climb on higher dividends, led by bank shares
Hopes for new property market relief help fuel rally
Major Chinese banks are posting dividend yields of 4% to 5%, far above the average for CSI 300 companies as a whole. (Photo by Akira Kodaka)
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