Energy and materials stocks lead China market rally

Mainland China stock market advanced on Monday, 27 June 2016, with energy and materials companies pacing gains after policy makers said they will reduce overcapacity in the coal and steel industries. The CSI300 index of the largest listed companies in Shanghai and Shenzhen grew 1.41%, to 3120.54, while the Shanghai Composite Index rose 1.45%, to 2895.70 points.

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