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China, Hong Kong: China stocks open higher after IPO resumption, HK stocks down

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[SHANGHAI] China major stock indexes opened up on Monday after the securities regulators said it would allow initial public offerings to resume after a July halt.

The CSI300 index rose 0.6 per cent to 3,814.05 points at 0131 GMT, while the Shanghai Composite Index gained 0.5 per cent to 3,607.05 points.

China CSI300 stock index futures for November climbed 0.5 per cent, to 3,761.8, 52.25 points below the current value of the underlying index.

The Hang Seng index in Hong Kong was down 0.5 per cent, to 22,749.53 points.

REUTERS

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