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Hong Kong, Shanghai: Stock markets reopen with rallies

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[HONG KONG] Shares rose in Hong Kong and Shanghai Monday as traders returned from a long weekend to play catch-up with last week's Asia-wide rally.

The Hang Seng Index added 0.92 per cent, or 214.86 points, to close at 23,550.45.

In Shanghai the benchmark composite index climbed 0.77 per cent, or 23.20 points, to 3,026.05. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.06 per cent, or 21.04 points, to 2,001.29.