Shanghai Composite raises to fresh seven year high

Mainland China share market closed at fresh seven-year high on Tuesday, 04 April 2015, as investors bet on more monetary easing by the government. Investors also drew confidence from the official Xinhua news agency report stating acceleration in initial public offerings would not stop the market's bull run. The Shanghai Composite Index inclined 97.45 points, or 2.52% to 3961.38 at the close, its highest level since March 2008. The CSI300 index, the largest listed companies in Shanghai and Shenzhen, grew 89.50 points, or 2.15%, to 4260.04.

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