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Chinese Stock Fluctuate Wildly Despite Beijing's Calming Efforts

Chinese stocks fluctuated wildly Thursday but were headed into positive ground after Beijing announced a series of new measures to calm a three-week slide. Shanghai fell near 3.5 percent after trading began, but eventually recovered to positive range by midday. Hong Kong also dove at opening, before adding nearly 3 percent. Mainland investors have sold shares at a rapid pace in recent days, contributing to a slide that has wiped out about 30 percent of market value since...

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