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Recovery in Investor Confidence Lifts Chinese Shares 3%

[2009-02-17 09:06:12]

Chinese equities gained almost 3 percent Monday, driven by brokerage and financial shares amid recovering investor confidence, analysts said.

The benchmark Shanghai Composite Index climbed 2.96 percent, or68.6 points, to 2,389.39. The index has gained 31.2 percent so far this year.

The Shenzhen Component Index was up 1.65 percent to 8,771.04.

Source: Xinhua
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