The Shanghai Composite +2.4% overnight to a 7-month high, with this weekend's strong print in...

|By:, SA News Editor

The Shanghai Composite +2.4% overnight to a 7-month high, with this weekend's strong print in industrial company profits a nice excuse to buy. Sany Heavy - the country's largest maker of construction equipment - posted a 5.2% gain. The financial index rises 4.8%, with securities firms continuing to benefit from Beijing's moves to encourage investment in common stocks.