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China Stocks Climb Most in Two Months in Holiday Catch-Up Trade

  • Benchmark CSI 300 pares advance after rising as much as 2.4%
  • The gauge had plunged into bear market before holidays
Updated on

Chinese shares climbed on their return from a weeklong holiday, with sentiment boosted by Friday’s jump in Hong-Kong listed names and easing concerns about regulatory headwinds for the nation’s battered tech sector.

The CSI 300 Index ended up 1.5% on Monday after rising as much as 2.4%. While that marked the benchmark’s best post-Lunar New Year holiday performance since 2019, its gains trailed the rally seen in Hong Kong markets when they reopened on Friday.