A shares tipped to return to bull orbit this year

Bullishness will return to the Chinese mainland bourses in a gradual manner this year after the current fluctuations end and domestic companies start exhibiting more competitiveness in the global market, experts said.

The comments came after key indexes continued their gains on Monday. The benchmark Shanghai Composite Index rose 0.78 percent to 3517.62 points on Monday while the Shenzhen Component Index gained 1.74 percent to 14,456.54 points. The technology-focused ChiNext at the Shenzhen bourse rose 2.6 percent to 3112.74 points.

Home appliance companies were the biggest gainers on Monday with an average daily surge of 3.52 percent, followed by listed medical companies at 3.18 percent.