China market climbs to seven year high

Mainland China share market advanced on Thursday, 02 April 2015, as risk sentiment remained upbeat on news that Beijing is expanding the investment scope of country's 1.2 trillion yuan ($194 billion) social security fund. Today's gains were on the top of yesterday's 1.7% rally after an indicator of factory activity rose unexpectedly in March. The Shanghai Composite Index advanced 15.49 points, or 0.41% to 3825.78 at the close, its highest level since March 2008. The CSI300 index, the largest listed companies in Shanghai and Shenzhen, grew 0.88 point, or 0.02%, to 4124.78.

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