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China Market climbs to 22-month peak

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Capital Market
The Mainland China equity market closed up on Wednesday, 25 October 2017, after China revealed its new leadership line-up, with President Xi Jinping re-elected for his second five-year term as party chief. Most of SSE sectors closed mildly firmer, with shares of home appliance makers and the environmental protection firms being notable gainers. Shanghai Composite Index ended 0.3% higher at 3,396.9, up for a fourth straight day, marking its best finish since December 2015. The CSI 300, which tracks large-cap companies on the Shanghai and Shenzhen stock exchanges, rose 0.4% to 3,976.95. The Shenzhen Composite Index added 0.8% to 2,025.32

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First Published: Oct 25 2017 | 5:37 PM IST

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