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September 10, 2019

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Shanghai stocks up on tech shares

China’s main equity indexes rose yesterday, led by technology shares.

At the close, the benchmark Shanghai Composite Index increased 0.84 percent to end at 3,024.74 points.

The Shenzhen Component Index rose 1.82 percent to 10,001.93 points and the blue-chip CSI300 index advanced 0.62 percent to finish at 3,995.75 points.

Turnover on the two major bourses totaled 716 billion yuan (US$100.38 billion), compared with 633.99 billion yuan in the previous trading session.

Technology shares surged, with 5G, domestic software, chips, cloud computing and domestic operating system all gaining.


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