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Markets

Chinese stocks touch high as investors rush in after long holiday

CSI 300 Index briefly reaches 5,930, eclipsing record set in October 2007

Chinese stocks have gained 41% since the end of 2019, or double the increase enjoyed by the S&P 500, thanks in part to foreign buying of mainland stocks.   © Reuters

HONG KONG -- Chinese stocks briefly raced to a record on Thursday as trading resumed after the weeklong Lunar New Year holiday, but gains were short-lived as investors weighed the implications of rising bond yields.

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