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Mainland shares recoup losses

By Zhou Lanxu | China Daily | Updated: 2018-10-23 08:21

Official measures calm sentiment, as securities firms lead rebound

China's A-share market extended its rebound on Monday, with securities firms leading the recovery, after a slew of government measures unveiled from Friday onward eased concerns relating to stock-based collateral.

The benchmark Shanghai Composite Index jumped by 4.09 percent, or more than 100 points, to close at 2654.88 points, its biggest single day gain since March 2016.

Mainland shares recoup losses

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