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UPDATED: 16:52, May 30, 2007
Chinese shares plummet by 6.5 pct on May 30
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A man looks at the electronic board at a stock exchange market in Haikou, south China's Hainan province May 30, 2007.Chinese shares closed sharply lower today after the raise of stamp tax. The benchmark Shanghai Composite Index closed at 4,053.09 points, down 281.64 points, or 6.5 percent, from the previous close.

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