Mainland China share market advanced to highest level since mid-2011 on Thursday, 04 December 2014, as optimism for cyclical stocks remain intact after central bank's efforts to bolster China's economic growth. The benchmark Shanghai Composite Index surged 119.93 points, or 4.31%, to 2899.46 at the close, the highest close since May 3, 2011, when it finished at 2932.19. Full-day turnover remained strong, with 509.22 billion shares changed hand worth of 532.68 billion yuan.
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