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Stocks close 1.6% higher Thursday

Stocks close 1.6% higher Thursday

Write: Helmut [2011-05-20]

Chinese stocks closed higher Thursday, as the benchmark Shanghai Composite Index added 1.59 percent, or 44.10 points, to 2,818.16 points.

The Shenzhen Component Index rose 3.07 percent, or 362.59 points, to 12,170.51 points.