Chinese equities continued gains on Monday from last week tradings and advanced to a fourth month high since late September as signs of an economic recovery, a raft of stimulus plans and rally in US stock market boosted confidence, said analysts.

The Shanghai A-share index rose 43.47 points, or 1.99 percent, to close at 2,224.71, and the Shenzhen Component Index posted a bigger rise of 4.06 percent, or 315.79 points, to 8,087.69.

Combined turnover was 235.5 billion yuan (US$34.5 billion).

(Xinhua News Agency February 9, 2009)