The Shanghai Composite Index closed at 3728.03 points after reaching a 10-year high of 3745.94 on Monday, while daily turnover reached 2.81 trillion yuan ($391.19 billion), the highest since last October’s rally, according to Wind Info. Analysts said the recent rally offers a wake-up call for investors to further recognize the value of Chinese assets and may add fuel to the ongoing revaluation of Chinese equities, though near-term corrections may follow after the sharp gains.