China's A-shares reach new 2009 high

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The Shanghai Composite Index has reached new heights since climbing above the 3,000-point mark Wednesday. Many investors hope the bear market is turning bullish, but experts remain cautiously optimistic.

The Shanghai Composite Index has reached new heights since climbing  above the 3,000-point mark Wednesday. Many investors hope the bear  market is turning bullish, but experts remain cautiously optimistic.

The benchmark Shanghai Composite index has scaled back up to 3,000-point mark a year after tumbling down.

That's good news for Jing Yu who's been playing the market for over ten years. He sees it as a good sign of recovery.