Hong Kong: Shares open on Monday with gains

[HONG KONG] Hong Kong stocks opened higher on Monday as investor concerns about an expected surge in inflation were soothed by data last week showing far fewer US jobs than expected were created last month.

The Hang Seng Index added 0.58 per cent, or 166.34 points, to 28,776.99.

The benchmark Shanghai Composite Index edged up 0.14 per cent, or 4.72 points, to 3,423.59, while the Shenzhen Composite Index on China's second exchange inched up 0.09 per cent, or 1.96 points, to 2,241.64.

AFP