Shanghai Composite climbs to fresh 15-month high

Headline shares of the Mainland China market advanced for fifth consecutive session on Thursday, 04 September 2014, sending the benchmark indices to highest level in more than 15-months, on hopes that Beijing may soon further ease its curbs on financing for property developers. The benchmark Shanghai Composite advanced 18.23 points, or 0.8%, to 2306.86, the highest level since 30th May 2013 when index closed at 2317.75. Turnover decreased to 179.38 billion yuan from Wednesday's 187.55 billion yuan.

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