Leo Zhang/Shanghai Daily news

Shanghai shares rose yesterday led by Jiangxi Copper Co on its planned debt issue and higher futures prices of the metal. Oil refiners and airlines also gained as crude oil futures eased.
The Shanghai Composite Index, which groups yuan-denominated A shares and foreign-currency B shares, jumped 1.59 percent to 1,207.16.
The A-share Index added 1.59 percent to close at 1,268.55 and the B-share Index improved 2.13 percent to 68.71.
"Jiangxi Copper may enhance its working capital by floating bills," said Li Zhi, a Hualin Securities Co analyst. "Declining oil prices will help ease cost pressures on processors and air carriers."
Jiangxi Copper, China's biggest producer of the metal, advanced 2.48 percent to 5.38 yuan (66 US cents).
The company said yesterday it plans to raise 2 billion yuan selling one-year notes on the interbank bond market.
Copper futures for December delivery increased 2.5 percent to US$1.64 a pound in New York on Monday, the first gain in five trading sessions.
China Southern Airlines Co, the nation's No. 2 air carrier, soared 2.9 percent to 2.84 yuan. China Eastern Airlines Corp, the country's third biggest, leapt 2.23 percent to 2.75 yuan.
Crude oil for October contracts on Monday shed 1.2 percent to US$63.34 a barrel, the lowest closing price for the contract since August 18.
Sinopec Shanghai Petrochemical rose 1.88 percent to 3.79 yuan.