China's stocks rose, with the benchmark index indicating a bull market, as the economy showed signs of stabilization and the rollout of property curbs boosted the lure of equities.

The Shanghai Composite Index has advanced more than 20 percent from its Jan 28 low.

Gains this quarter have been led by commodity producers and construction companies, as the government boosts spending to bolster growth and the price of everything from coal to copper surges. The benchmark gauge has rallied more than 6 percent since the end of September as cities including Shanghai unveiled curbs to cool the housing market, while margin debt is also rising.