Stocks hit 9-month high on rebound hopes

China's stocks rose for a fourth day, driving the benchmark index to the highest in nine months, after metals prices gained and Poly Real Estate Group Co said its home sales surged.

Zhongjin Gold Corp, China's second-largest gold producer, advanced 3.1 percent after bullion prices climbed for the first time in three sessions. Poly Real Estate, the country's second-biggest developer by market value, added 1.5 percent after saying sales more than tripled in the first four months.

"The worst for the economy may be over and lots of data show the economy is recovering," said Wu Kan, a Shanghai-based fund manager at Dazhong Insurance Co. "That supports equities."