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China's shares surge on Monday
(newsphoto)
Updated: 2006-05-08 17:40 
A stock investor smiles broadly at an office of a
securities company in Hangzhou, East China's Zhejiang Province May 8, 2006. China's
stock market surged to its highest level in nearly two years after a yearlong
moratorium on new share sales by companies already traded on its exchanges was
lifted. The composite index of the Shanghai Stock Exchange closed at 1,489.53
points on Monday, up 49.31 points from the previous close, and the component
index on the Shenzhen Stock Exchange closed at 4,012.31 points, up 164.21 points
from the previous close. [newsphoto]
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