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Hong Kong: Shares end up, track strong mainland market
[HONG KONG] Hong Kong shares strengthened on Monday, tracking gains in mainland stocks, which jumped after Beijing replaced its top securities regulator and on fresh measures to support the real estate sector.
The Hang Seng index rose 0.9 per cent, to 19,464.09, while the China Enterprises Index gained 1.3 per cent, to 8,221.37 points.
All main sectors rose, but shares of Alibaba Health Information Technology Ltd tumbled 14 per cent after regulators said it would suspend Ali Health's drug monitoring platform.