$CSI 300 Index (000300.SH)$$CSI 300 Financials (000849.SH)$ ...

Chinese bank stocks soar, with some banks posting their biggest single-day gains since the country's 2015 equity bubble after more lenders cut their deposit rates and further progress on state-owned enterprise reform boosted investor sentiment. The CSI 300 Financials Index jumped for a fifth consecutive session on Monday, adding nearly USD159 b in market value. The gauge is poised to hit its highest level since April 2022.