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China Traditional Chinese Medicine shares rebound

HONG KONG -- Shares of China Traditional Chinese Medicine Holdings rebounded sharply Wednesday on the Hong Kong market after the company's net profit more than doubled for the fiscal first half, with an October acquisition contributing significantly.

The major drugmaker's shares at one point touched 3.63 Hong Kong dollars, up HK$0.25, or 7.4%, from the previous day's close, its first rebound in the past four trading days.

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