SHANGHAI, Oct 12 (Reuters) – China stocks extended their rally on Monday to post their biggest daily percentage gain in three months, as investors cheered Beijing’s latest policy support for equity markets.
** The blue-chip CSI300 index rose 3% to 4,823.16, its best day since July 6, while the Shanghai Composite Index gained 2.6% to 3,358.47 points, its best session since July 20.
** The tech-heavy start-up ChiNext added 3.9% and the STAR50 index rose 1.7%.
** Leading the gains, the CSI300 financials index and the CSI300 consumer staples index ended up 3.2% and 4.4%, respectively.
** Session’s gains came in after the index closed higher on Friday, with investors being encouraged by official data that showed signs of economic recovery and a rebound in tourism during the holiday week.
** China’s state council published on Friday the Opinion on Further Improving the Quality of Listed Companies, which includes exploring