China’s stocks surge at Monday opening

Chinese shares jumped at the opening on Monday after the country’s securities regulator said late Friday that the State Council had approved stock index futures and trial run of margin trading, a fresh move to boost the country’s stock market.
The benchmark Shanghai Composite Index rallied 3.30 percent at 3,301.61 points at the opening. The Shenzhen Component Index opened 2.20 percent higher at 13,559.28 points.