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It's official: Chinese stocks have surged over 100%
Chinese markets just keep powering ahead. The Shenzhen Composite rallied 3.6% on Tuesday, pushing gains so far this year over 100%, and easily making it the world's top performing stock market. Stocks in Shanghai and Hong Kong have also surged year to date, climbing 20% and 52% respectively. That makes the S&P 500's 3.3% gain this year seem pretty ho-hum. The Shanghai and Hong Kong markets are dominated by state owned blue chips, while Shenzhen hosts a number of smaller technology, media and telecom startups. Related: China gets a new billionaire every week The latest gains come on the back of a new investor ... (full story)
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