The Shanghai Composite Index climbed to a five-year high and Hong Kong shares climbed the most in over a year after state media claimed the People’s Bank of China would include savings held by lenders for non-deposit-taking financial institutions starting in 2015, Bloomberg reported. The PBoC will temporarily waive the reserve requirement for such deposits and will help lower banks’ loan-to-deposit ratio, according to Xinhua. The Shanghai Composite Index rose as much as 2.1% and fell as far as 1% with 30-day volatility surging to a five-year high. Trading volumes were 19% above the 30-day average, according to data compiled by Bloomberg.