Among the movers in Shanghai's 2% rise last night was Industrial & Commercial Bank of China...

|About: Industrial and Commercia... (IDCBY)|By:, SA News Editor

Among the movers in Shanghai's 2% rise last night was Industrial & Commercial Bank of China (IDCBY.PK) - the world's largest by market cap - rising 1.3% after state-owned Central Huijin Investment upped its stake in the lender to 35.43%. Securities firms were the outsized gainers amidst chatter of more steps to direct the country's savings into equities.