Bulls charge in as bears quiver on top bourses

Investment appetite returns as key market gauge crosses major threshold

Bullish days seem to be round the corner in the mainland stock markets after a key market gauge crossed the 3000 mark on Monday, reaffirming the strong investment appetite.

The benchmark Shanghai Composite Index rose by 1.12 percent to close at 3027.58 points after hovering below the 3000 point mark for nine months in a row. The spurt also saw the gauge gain over 20 percent since the beginning of this year.