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Business / Markets

Chinese stocks close higher Wednesday

(Xinhua) Updated: 2015-05-27 15:43

BEIJING - Chinese stocks gained for the seventh successive trading day to close at a seven-year high on Wednesday, with the benchmark Shanghai Composite Index rose by 0.63 percent, or 30.82 points, to finish at 4,941.71 points.

The Shenzhen Component Index gained 0.36 percent, or 60.05 points, to close at 16,963.52 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 0.29 percent, or 10.44 points, to end at 3,628.67 points.

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