The Mainland China's stock market soared on Monday, 12 October 2015, as appetite for risk assets boosted up after central bank announcement of stimulus measures and reports of reform in the telecommunications sector. Meanwhile, buying momentum also underpinned on possibility of further stimulus measures when Beijing meets later this month to discuss the 13th five-year plan. All 10 SSE sectors added strength to the key index, with telecommunication, energy, material, and industrial stocks leading rally. The Shanghai Composite Index advanced grew 3.3%, or 104.51 points, to close at 3287.66 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 4.18%, or 75.65 points, to 1887.28. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, grew 4.52%, or 100.13 points, to close at 2316.78.
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