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Markets

Chinese stocks stage record rally as Beijing moves to calm markets

Comeback continues in New York after Hang Seng has largest gain since 2008

Shares of video-sharing platform Bilibili rallied on March 16 as Chinese stocks rebounded from a multi-day selloff.   © Reuters

HONG KONG/NEW YORK -- Chinese stocks mounted a record rally Wednesday after Beijing said it would move to stabilize markets and the economy, sending Hong Kong's benchmark index to its biggest gain since the 2008 financial crisis.

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