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Chinese shares hit new 13-month high

(Xinhua)
Updated: 2009-07-23 16:27

Chinese equities closed higher on Thursday to a new 13-month high, led by financial and property shares.

Related readings:  Shares edge up led by energy producers  Chinese shares end lower on Tuesday  Chinese shares gain 2.42%, climb above 3,200 points  China shares rise on strong economic data

The benchmark Shanghai Composite Index closed at 3,328.49 points, up 31.88 points, or 0.97 percent. The Shenzhen Component Index closed at 13,521.65 points, up 168.44 points, or 1.26 percent.

Combined turnover shrank to 298.69 billion yuan ($43.73 billion) from 306.79 billion yuan on the previous trading day.