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(Yicai Global) Aug. 19 -- Stock markets on China's mainland extended morning climbs in the afternoon as investors grew confident about the government's efforts to put the economy back on track of rapid growth, including plans of reforming the loan prime rate mechanism and transforming Shenzhen into a leading global economic hub.
The Shanghai Composite Index rose 2.1 percent to close at 2,883. The Shenzhen Component Index was up 3 percent at 9,328. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, jumped 3.5 percent to 1,622.
Editor: Emmi Laine