A-share markets on rebound following Trump trade truce

Multiple positive news reports over the weekend bolstered the Chinese A-share market, which has undergone months of decline.

The benchmark Shanghai Composite Index posted the biggest daily gain in a month and rebounded 2.57 percent to close at 2654.8 points on Monday, while the Shenzhen Component Index picked up 3.34 percent to close at 7938.47 points. China's Nasdaq-style board, the ChiNext Index, gained 3.26 percent to close at 1372.79 points.

Eased trade tensions between China and the United States is one major reason for the pickup in the confidence of A-share investors, according to Gao Ting, head of China strategy at UBS Securities.