China stocks rebound on short-selling crackdown

Beijing (dpa) – Chinese stocks showed strong gains Tuesday after the government announced the latest in a raft of measures to stabilize share prices. The Shanghai Composite Index closed up 3.69 per cent, the smaller Shenzhen Component Index rose 4.52 per cent, while the ChiNext Index, tracking China’s Nasdaq-style selection of growth companies, was up 6.12…