CSI Index continues upward march

The CSI 300 Index rose for a 12th day on Monday, the longest stretch of gains on record, as investors snapped up shares of brokerages and the nation's biggest companies on speculation the market's world-beating rally has further to run.

CITIC Securities Co and Haitong Securities Co, the top biggest securities firms, jumped by the 10 percent daily limit, adding to rallies of at least 75 percent over the past month. Ping An Insurance (Group) Co surged 6.7 percent. PetroChina Co surged 4 percent to a two-year high.

The CSI 300, tracking the largest companies on the Shanghai and Shenzhen stock exchanges, rose to 3,252.88 points, extending its rally to 25 percent during the 12-day advance.