<div><p>Chinese shares closed up 1.51 percent on Monday as sentiment was boosted after Premier Wen Jiabao said that Beijing would maintain economic stimulus measures, dealers said.</p><p>The Shanghai Composite Index, which covers both A and B shares, was up 47.43 points at 3,188.79 on turnover of 110.6 billion yuan (16.2 billion dollars).</p><p>Wen said in an interview with state media at the weekend that his government would in 2010 continue to implement macro-economic policies aimed at stimulating growth and fighting the global financial crisis.</p><p>"The premier's comments will likely have a positive psychological impact on the market, but the impact may be short-lived given his remarks are no more than a reiteration," Capital Securities analyst Jacky Zhang told Dow Jones Newswires.</p><p>Steel makers were among the day's biggest gainers as a pick-up in the country's economic growth has spurred demand for metals in the property, auto and home appliance industries.</p><p>Baoshan Iron and Steel rose 3.0 percent to 9.19 yuan and Maanshan Iron and Steel soared 3.9 percent to 5.05.</p><p>Brokerages also rose with Citic Securities, the country's largest-listed brokerage by market value, up 3.6 percent to 29.86 yuan. Haitong Securities rose 2.2 percent to 18.38 and Guoyuan Securities ended up 3.3 percent at 20.39.</p><p>Most stocks listed on the Nasdaq-style ChiNext board rose on Monday, with Beijing Cisri-Gaona Materials and Technology leading the gains, up by the 10 percent daily limit to 31.39 yuan.</p><p>The Shanghai A-share index added 49.79 points, or 1.51 percent, to 3,344.50 on turnover of 110.3 billion yuan, while the Shenzhen A-share index rose 19.00 points, or 1.55 percent, to 1,245.48 on turnover of 71.2 billion yuan.</p><p>The yuan closed the day at 6.8299 against the US dollar, down from Friday's finish of 6.8272.</p><p>The Shanghai B-share index was up 3.09 points, or 1.25 percent, to 250.15. The Shenzhen B-share index gained 7.20 points, or 1.19 percent, to 614.45.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=66060819&bid=informcom" /></div><div id="copyright"><div>

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