China tech stocks rebound for third day on bargain hunting
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[SINGAPORE] Chinese shares of technology and education firms surged on Wednesday, as traders continued searching for bargains following a rout triggered by Beijing's regulatory crackdown.
The Hang Seng Tech Index advanced 3 per cent, its third consecutive day of gains. JD Health International and Koolearn Technology Holding were the best performers, gaining as least 13 per cent each.
New Oriental Education & Technology Group rallied 22 per cent in Hong Kong, its biggest climb on record.
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