China shares rebounded on Monday as investors were encouraged by the government's increased efforts to press ahead with reform of state share sales. The benchmark Shanghai Composite Index rose 2.46% to 1,112.288 points. The total turnover in Shenzhen and Shanghai was about 18.4bn RMB (US$2.2 billion), 34% above Friday's total. The China Securities Regulatory Commission have designated 42 domestically listed firms for a second round of flotation of non-tradable shares.