(Bloomberg) -- China's stocks rose, rebounding from
a rout that yesterday wiped out $161 billion of market value.
The CSI 300 Index gained 41.49, or 1.1 percent, to 3927.95
at the close, having earlier lost as much as 5.2 percent. It
yesterday plunged 6.8 percent, the most since Feb. 27, after the
finance ministry tripled the tax on share trades to cool a rally
was drawing more than 300,000 new investors a day.
Read more at Bloomberg Stocks News
a rout that yesterday wiped out $161 billion of market value.
The CSI 300 Index gained 41.49, or 1.1 percent, to 3927.95
at the close, having earlier lost as much as 5.2 percent. It
yesterday plunged 6.8 percent, the most since Feb. 27, after the
finance ministry tripled the tax on share trades to cool a rally
was drawing more than 300,000 new investors a day.
Read more at Bloomberg Stocks News
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