China Market rises as raw material shares jump

Mainland China stock market soared up on Monday, 24 October 2016, on increased appetite for equities as the government cracks down on real-estate speculation. Most of SSE sectors inclined with energy and raw material stocks being notable gainers on signs that government measures to reduce overcapacity were starting to bear fruit. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.15%, to 3,316.24 points, while the Shanghai Composite Index inclined 1.21% to 3128.25 points.

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