China stocks rise to 10-month high

China stocks rose to a 10-month high, as Wall Street rallied overnight thanks to a growing sense of relief that Hillary Clinton will likely win the US Presidential election.

The upbeat mood counteracted worries from worse-than-expected China trade data.

China`s benchmark Shanghai Composite Index gained 0.5 per cent, to 3,147.89 points, the highest level since early January. The blue-chip CSI300 index rose 0.4 per cent, to 3,371.12 points.

The optimism has offset concerns over China`s economic health, with newly-released data showing the nation`s exports and imports fell more than expected in October.

LeEco, the bellwether in the Chinext Composite Index, rallied 3.0 per cent after losing as much as 16.5 per cent in the previous four sessions, according to a news agency report.