Central bank interest rate reform measures boost stocks

Market gain mainly led by technology companies, securities brokerages

Chinese mainland stocks soared on Monday as a major interest rate reform unveiled by the central bank over the weekend lifted investors' expectations for more liquidity in the market and lower financing costs for businesses.

Market sentiment was also boosted by a guideline issued by the central authorities on Sunday to develop Shenzhen into a world-class city and a demonstration pilot zone with high-quality growth and strong innovative power.