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Chinese stock hits record high

(newsphoto)
Updated: 2006-12-26 10:17

An investor points at an electronic board at a securities house in Yichang, Central China's Hubei Province, December 25, 2006. Chinese stocks surged 3.9 per cent yesterday, boosted by financial shares after China Life Insurance set a lower than expected price range for its domestic initial public offering. The Shanghai composite index closed at 2,435.762 points after hitting an all-time high of 2,452.429. [newsphoto]