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What is China Stocks Surge Amid Trading Error about?

The Shanghai Composite stock index in China experienced its biggest intraday gain since March 2013 as trading surged 53%, roiling the market. Bright Securities said it experienced a trading error. The benchmark Shanghai index jumped from a loss of nearly 3% to a gain of 5.2% in two minutes before falling 1.5% by the close. About 185 billion shares traded hands, far surpassing the 130 billion average, raising concerns about market confidence and sentiment. A money manager said he hasn

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jonnycash11

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