China shares end near 7-month high

The Shanghai Composite Index finished at 3,159.5,after closing up 1.4 per cent on Friday.

The market,which has jumped 19 per cent in the past six weeks,is close to regaining all its losses since the central government unveiled policies to curb escalating property prices.

While most analysts are bullish on the outlook for the Shanghai market,they cautioned that the index was likely to correct in coming days after recent successive gains,trading in a narrow range ahead of economic data later this week.