The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.

After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making it easier to buy homes.

Asian equities were lower, except for Mainland China and Hong Kong, as the former posted one of the all-time greatest days, while the latter had a good session, led by growth stocks and sectors.

Money managers plowed cash into exchange-traded funds that buy Chinese stocks last week as a wave of fresh stimulus measures in the Asian giant boosted confidence in the country’s battered stock market.

World shares have surged following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks and provide other fiscal support for the economy.

The S&P 500 and Dow industrials edged lower on Monday, but were poised to log quarterly gains. The Nasdaq Composite ticked up.

Chinese equities on Monday posted their single best day since the 2008 global financial crisis as investors raised their bets on increased momentum from a stimulus package promised by Beijing. China’s blue-chip CSI 300 index of Shanghai- and Shenzhen-listed companies soared 8.

China stocks rallied to their best day in 16 years, with related U.S. ETFs also soaring after recent economic stimulus buoyed investor optimism in the market. The Shanghai Composite rallied 8.06% in its best day since September 2008,

Chinese stocks rally after government stimulus - witness the best day since 2008. The Shanghai Composite had surged 8% in trade today on the back of the People's Bank of China's stimulus. It has unveiled its biggest stimulus since COVID-19.