Hong Kong: Shanghai stocks rally on return from long break

[HONG KONG] Chinese stocks jumped on Monday (Feb 7) on their first day back after a week-long Chinese New Year break as investors played catch-up with a broad global rally, while Hong Kong ended flat having spent most of the day in negative territory.

The Shanghai Composite Index added 2.03 per cent, or 68.14 points, to 3,429.58, while the SCHINESE henzhen Composite Index on China's second exchange rose 1.04 per cent, or 23.62 points, to 2,285.99.

The Hang Seng Index inched up 6.26 points to 24,579.55 after climbing more than 3 per cent Friday. AFP