China's stock market on Monday gave the thumbs up to Friday's new regulation comprising 31 measures to streamline major shareholders' reductions in their equity holdings, with the benchmark Shanghai Composite Index gaining 1.14 percent to close at 3124.04 points.
Risk appetite strengthens upbeat mood china.org.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china.org.cn Daily Mail and Mail on Sunday newspapers.
Optimism is building in the onshore market after foreign investors sparked a rally, which was ably assisted by a rising yuan, boosting the market cap by US$228 billion.
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