A-shares jump to 21-month high

Shanghai Index hits 3,410 in morning; Shenzhen bourse climbs by 1.6 percent

Chinese mainland A-share stocks hit 21-month highs on Monday morning after a weeklong National Day holiday, benefiting from the central bank's targeted reserve requirement ratio cut and a strong global equity market performance.

The Shanghai Composite Index surged to 3,410 points in the morning and closed the day with a 0.76 percent gain to 3374.38 points. The Shenzhen Component Index rose by 1.6 percent, and the ChiNext startup index climbed by 1.22 percent.