After confirmation of a $10 Billion bailout that has been received by Dubai from the neighboring Abu Dhabi, which has been "specifically" for Dubai World, shares across China went back to soaring high on Monday.

Shanghai Composite Index, the country's benchmark indicator, climbed by 55.59 points, or 1/7%, to 3,302.90 points, and the Shenzhen Composite Index, on the other hand, lay unchanged at 1,217.98 points.

The Chinese market, in addition to some other Asian markets, started rising in the Afternoon, after Dubai's Government confirmed the receipt of helpful funds.

"The news certainly has sent an optimistic message to investors that the spread of the Dubai crisis is under control", said Li Xianming, an analyst for Pingan Securities.

While oil refinery shares ruled the scoreboard, those of major banks across the country continued to be pulled down by growing concerns over the still weak and unstable financial sector. Some banks did, however, to beat their counterparts.

The country's airlines also recorded much better than expected gains, and the Yuan managed to stay more-or-less the same as Friday, with only a very slight slip.