Investors react as they look at computer screens showing stock information at a brokerage house in Fuyang, Anhui province, China, July 28, 2015. REUTERS/Stringer
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Chinese shares bounced back more than 3 percent Wednesday, as Beijing's latest efforts to prop up values restored a measure of stability to its unruly stock market.The Shanghai Composite Index broke a three-day slide to close up 3.5 percent Wednesday and the CSI300 index of the largest listed companies in Shanghai and Shenzhen jumped 3.1 percent.This week's turbulence shattered three weeks of relative calm for Chinese equities, secured through heavy government intervention to arrest a precipitous selloff in late June and early July that wiped as much as $4 trillion off share values.Monday's rapid selloff, which saw China's major indexes suffer their biggest one-day loss in more than eight years, may have been partly due to authorities testing the water for withdrawing some of that emergency support.
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