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Hong Kong: Shares close higher on Monday

[HONG KONG] Hong Kong stocks surged 1.82 per cent on Monday - their first trading day since the Christmas break - following another record close on Wall Street and fresh easing measures from Chinese authorities.

The benchmark Hang Seng Index rose 423.84 points to 23,773.18 on turnover of HK$80.42 billion (S$13.73 billion).

In mainland China, the benchmark Shanghai Composite Index added 0.33 per cent, or 10.42 points, to 3,168.02 on turnover of 555.9 billion yuan.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 1.46 per cent, or 20.99 points, to 1,418.49 on turnover of 261.7 billion yuan.