published Jun 20th 2016, 9:09 pm, by Bloomberg News

(Bloomberg) —
China’s stocks rose for a third day, sending the benchmark index toward its longest stretch of gains in more than two months.

The Shanghai Composite Index advanced 1 percent, led by brokerages. Citic Securities Co. headed for its biggest increase in three weeks. Shanghai Jinqiao Export Processing Zone Development Co. surged by the daily limit after Jinqiao Group signed a non-binding memorandum of understanding with Tesla Motors Inc. on building its production facilities in the municipality.

To contact Bloomberg News staff for this story: Tian Chen in Beijing at tchen259@bloomberg.net To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net Allen Wan

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