China Market rebounds

Mainland China stock market surged on Wednesday, 30 March 2016, as risk appetite buying revived after comments by the Federal Reserve chair and as Bank of Communications Co. and China Petroleum & Chemical Corp. posted better-than-expected earnings. The benchmark Shanghai Composite Index surged 80.81 points, or 2.77%, to 3000.65. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, added 80.81 points, or 2.58%, to 3216.28.

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