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Shanghai stocks close up nearly 3% after holiday
Shanghai stocks ended almost three percent higher Thursday on returning from a week-long break, with dealers betting on more stimulus after authorities announced a series of measures during the holiday.
The benchmark Shanghai Composite Index jumped 2.97 percent, or 90.58 points, to 3,143.36, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, surged 4.00 percent, or 68.61 points, to 1,785.39.
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