China shares end up 0.2pc, large caps shine

SHANGHAI: China's main stock index closed up 0.2 percent on Monday, led by banking shares such as China Minsheng Bank , which reported strong earnings.

China Minsheng Bank, the country's seventh-largest listed bank, rose 2.6 percent after posting a 45 percent rise in 2010 net profit.

The benchmark Shanghai Composite Index ended at 2,984.0 points, extending a 2.4 percent rise over the week last week. The index is shy of the psychologically important 3,000-point resistance level.