China shares end higher as some IT firms pledge against anti-competition ...Middle East

China shares rose on Wednesday, with IT firms leading the gains, as investors cheered internet platform companies pledging to avoid anti-competitive behaviors after e-commerce giant Alibaba was fined a record $2.75 billion last week for such practices. ** At the close, the Shanghai Composite index was up 0.6% at 3,416.72, while the blue-chip CSI300 index was up 0.83%. ** The information technology sector added 1.38%, and the material sector gained 1.97%.

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