China’s stocks rose for a third day as lenders advanced after Industrial Bank Co. reported a jump in first-half profit and technology companies extended the biggest rally among industry groups this year.
Industrial Bank, part-owned by a unit of HSBC Holdings Plc, surged to a one-month high after net income increased 27 percent and Citic Securities Co. recommended the shares on easing concerns about the economy. Goertek Inc., a supplier to Apple Inc. jumped to a record high. Tasly Pharmaceutical Group Co. led declines for health-care companies with a 1.2 percent retreat.
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