Chinese stocks up 2%

Asia-Pacific markets were mostly higher on Monday, as investors look ahead to a batch of economic data later in the week, including minutes for the U.S. Federal Open Market Committee (FOMC).

The People’s Bank of China left its 1-year and 5-year prime loan rates unchanged, widely in line with expectations.

The CSI 300, which tracks stocks of the largest listed companies in Shanghai and Shenzhen rose to close 2.45% higher, leading gains in the region.

Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.

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