China's CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.

LONDON/SYDNEY (Reuters) -World shares edged off record highs on Monday as strife in the Middle East fuelled economic uncertainty, just as China shares posted their biggest one-day gain in 16 years thanks to Beijing's latest raft of stimulus policies.

China's $114 billion stimulus has some investors excited, but it's lacking support for the country's discouraged consumers.