Chinese Equities Raillies Returing from Week Long Closure

Chinese stocks rallied on Monday after week long lunar year holidays tracking the high gains of Hong Kong bourse earlier.

The CSI 300 jumped 1.52% to index point of 4,633.26 as of 13:04 hours on Monday.

The market is seeking sings of policy support including stronger fiscal spending and further credit loosening that may boost investors’ confidence.

A slump in home sales in January signaled the real estate sector swill remain to drag economic recovery.