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Policy change lifts China stocks

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advance2 February 2, 2012 (Chinavestor) China stocks soared in Asia after Wen Jiabao, China's premier, announced plans to help small companies and investors speculated of additional monetary easing. The Shanghai Composite Index (SHA:000001) soared 44.5 points or 1.9%, the most in two weeks in a broad rally. The Hang Seng Index (INDEXHANGSENG:.HSI) ended  406.1 points or 2.0% higher for the day. Stocks that advanced outnumbered those that fell ten to one among 42 components of the index.

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