China market gains on small-cap shares demand

The Mainland China's stock market advanced for third consecutive session on Tuesday, 22 September 2015, as optimism grows over President Xi Jinping's state visit to the US. Most of the SSE sectors advanced, led by brokerages on prospects of an exchange link between London and Shanghai. But, market gains was limited as investors cautiously awaiting for China's flash factory activity survey later today for clues on whether the economy is deteriorating more rapidly than earlier thought. The Shanghai Composite Index climbed up 0.92%, or 29.08 points, to 3185.62 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.71%, or 12.27 points, to 1750.91. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was marginally down 0.02%, or 0.34 point, to close at 2078.72.

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