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Chinese shares up 2.81% following strong rebound in HK

(Xinhua)
Updated: 2008-10-28 15:36

Chinese shares rose 2.81 percent on Tuesday following a strong rebound in Hong Kong.

The benchmark Shanghai Composite Index gained 2.81 percent, or 48.47 points, to close at 1,771.82. The Shenzhen index rose 2.73 percent, or 156.31 points, to close at 5,891.12 points.

The combined turnover climbed to 56.57 billion yuan ($8.3 billion), from the previous trading day's 47.18 billion yuan. Gains outnumbered losses by 673 to 139 in Shanghai and 593 to 92 in Shenzhen.

Hong Kong share prices soared 11.3 percent during the afternoon session on Tuesday, recovering from a dismal performance the previous day.