China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rules as part of the country's huge stimulus blitz.

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.

Chinese stocks soared on Monday, extending gains for the beleaguered asset class on hopes policymakers will pair their monetary support with fiscal policy action.

Chinese stocks extended a powerful rally on Monday, with mainland markets poised for their best month in nearly a decade. Beijings stimulus efforts to halt an economic slowdown have fueled investor optimism,

Chinese property stocks powered higher in mainland and Hong Kong stock markets, thanks to a barrage of measures from Beijing to stabilize the country’s struggling property market.