China staged dramatic rallies for a second consecutive session.
In Shanghai, government moves to shore up the markets continued to boost confidence. The composite index surged 7.8 per cent to 2,236.410, bringing its rise over the last two days to 17.9 per cent.
Most financials gained by their daily 10 per cent limit, including Ping An Insurance at Rmb37.10, Citic Securities at Rmb19.67, China Merchants Bank at Rmb18.05 and Bank of Communications at Rmb6.28.
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