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Chinese Shares Surge 3.36% to 10-month High

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Chinese shares jumped 3.36 percent Monday, the first trading day after the traditional Chinese Dragon Boat Festival that fell on Thursday, driving the benchmark Shanghai Composite Index to a nearly 10-month new high since early August last year.

The Shanghai Composite Index gained 3.36 percent, or 88.35 points, to close at 2,721.28 points on Monday.

(Xinhua News Agency June 1, 2009)