May 17, 2013 / 7:07 AM / 7 years ago

China shares close out 3rd weekly gain with late flourish

HONG KONG, May 17 (Reuters) - China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in property stocks ahead of April home price data due on Saturday.

The CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 1.5 percent, while the Shanghai Composite Index closed up 1.4 percent at 2,282.9. This week, they rose 2 and 1.6 percent, respectively. (Reporting by Clement Tan; Editing by Sanjeev Miglani and Jacqueline Wong)

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