Investors see new stimulus, lift stocks by 1.3%

SHANGHAI - Stocks on the Chinese mainland rose on Monday, driving the benchmark index to its biggest gain in a month, on speculation the government will introduce measures to boost economic growth after new lending dropped and money supply growth slowed.

Huaxia Bank Co jumped the most in 10 months after Samsung Securities Co Ltd said China might ease lending to small companies and rural areas.

Ping An Insurance (Group) Co climbed 3.2 percent after rival PICC Property and Casualty Co's first-half profit almost doubled.