China Market Expected To Hold On To 3,000 Mark

One day after snapping the four-day winning streak in which it had collected more than 80 points or 2.8 percent, the China stock market turned higher again on Wednesday as it touched a fresh one-year closing high. The Shanghai Composite Index cracked the 3,000-point plateau, and now analysts say the market could extend its gains at the opening of trade on Thursday.

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