Chinese stocks rebound on optimism PBOC set to expand US$45 billion relending facility

China’s stocks rebounded on Monday from a brutal sell-off in October as speculation gathered pace that Beijing would double down on efforts to stem a rout that sent its benchmark into a bear market. The CSI 300 Index rose 0.8 per cent to 4,016.92 at the close. The Star Market 50 Index, which is dominated by the nation’s biggest chipmakers, rallied 3.1 per cent, and Shenzhen’s ChiNext gauge of tech start-ups surged nearly 2 per cent. Speculation was swirling that China would bolster a 300 billion...