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China Market surges 2.4%

The Mainland China share market spurted on Tuesday, 25 May 2021, amid reports of vaccination progress drive, with shares in financials being notable gains after Shanghai announced plans to establish itself as an asset management hub. At closing bell, the benchmark Shanghai Composite Index surged 2.4%, or 84.06 points, to 3,581.34. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, spurted 1.91%, or 44.68 points, to 2,381.93. The blue-chip CSI300 index climbed up 3.16%,...
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