The Mainland China stock market advanced to a two-week high on Wednesday, 25 November 2015, with technology and gold companies leading rally, amid sense of calm after announcement of resumption of initial public offerings and scrapping a rule requiring brokerages to hold net long positions and limited leveraged bets. The Shanghai Composite Index advanced 0.88%, or 31.82 points, to close at 3647.93 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, grew 1.9%, or 43.53 points, to close at 2343.62. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was up 2.89%, or 81.52 points, to close at 2897.57. The Shanghai gauge has rebounded 25% from its August low, after tumbling 43% from its June peak.
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