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China B-shares close sharply higher; home appliance makers advance.
(From AFX Europe (Focus))
SHANGHAI (XFN-ASIA) - China B-shares closed sharply higher with home appliance makers snapped up as the government expanded its program to subsidize rural appliance sales, dealers said.
Property developers also surged with China Vanke (SZB 200002; SZA 000002) rising 6.4 pct.
The Shanghai B-share Index was up 3.59 points or 3.38 pct at 109.72, while the Shenzhen B-share Index added 9.11 points or 3.63 pct to 259.89.
The FTSE/Xinhua China B 35 Index rose 114.25 points or 3.05 pct ...
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