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SHANGHAI (AP) - Chinese stocks rose to a record Wednesday, marking a complete recovery from their late February swoon that sparked a selloff in global financial markets.
Gains in real estate stocks lifted the benchmark Shanghai Composite Index 0.8 percent to 3,057.38, breaking the previous closing high set Feb. 26, a day before it plunged nearly 9 percent. That drop sparked declines in New York, London and through much of Asia for about a week.
The key index on China's smaller market in Shenzhen rose 1.4 percent to 805.68, also a record high.
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