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China stocks stage relief rally after 5-day slide

Chinese stocks staged a relief rally on Thursday after shaking off a five-day losing streak.

The benchmark Shanghai Composite Index climbed 5.34 percent to 3,083.59 points, following a 20-percent loss since last Thursday. The Shenzhen Component Index added 3.58 percent to close at 10,254.35 points.

The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, gained 3.68 percent to close at 1,959.49.


 

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