Beijing - Shares on China's main stock market leapt by nearly 8 per cent on Monday, following an even bigger jump on Friday, spurred by weekend news of the US government's financial rescue plan.
The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, gained 161.32 points, or 7.77 per cent, to end the day at 2,236.41.
The rise followed a gain of 9.46 per cent in Shanghai on Friday, the previous trading day, and was also influenced by the government's easing of rules for share buy-back, state media said.
The smaller Shenzhen Composite Index rose by 3.8 per cent, or 22.62 points, to close at 618.34 on Monday.