Hong Kong: Shares close sharply higher

HONG KONG stocks finished on a strong note on Monday (Jun 27), extending last week's rally on hopes that central banks around the world will not hike rates for as long as initially feared.

The Hang Seng Index climbed 2.35 per cent, or 510.46 points, to 22,229.52.

The Shanghai Composite Index added 0.88 per cent, or 29.44 points, to 3,379.19, while the Shenzhen Composite Index on China's second exchange rose 1.11 per cent, or 24.32 points, to 2,216.99. AFP