Equities rally on mainland bourses

Stocks recover as China, US reach a preliminary agreement on trade

The A-share market rallied to its highest level in almost a month on Monday, bolstered by news of a preliminary agreement between China and US trade negotiators at the end of last week.

The benchmark Shanghai Composite Index rallied 1.15 percent to close at 3007.88 points on Monday, its highest finish since ending at 3030.75 on Sept 16. The index climbed for the fifth consecutive session.