China market rises 2.5% on funds inflow

The Mainland China share market advanced for second straight session on Wednesday, 24 June 2015, as funds flow back to the equities market after a flood of new share offerings last week. Meanwhile, expectations of further easing from the People's Bank of China also supported the advance. The Shanghai Composite Index climbed 113.66 points, or 2.48% to end at 4690.15, extending yesterday's 2.2% jump. The gauge plunged 13% last week, the worst weekly loss since the 2008 global financial crisis.

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