Share prices in China rebounded on Monday.

　　Share prices in China rose Monday, helped by rumors the government might take action to support the ailing market.

　　The benchmark Shanghai Composite Index, which earlier dipped below the psychologically important 1,000-point mark for the first time in eight years, bounced back in the afternoon, gaining 20.74 points, or 2.1 percent, to close at 1,034.38.

　　Active buying by investment funds of large-capital shares helped fuel the rebound, which followed rumors that the government might move to shore up sagging prices, dealers said.

　　Plans to reform state shareholdings have weighed heavily on investor sentiment in recent weeks.