Hong Kong: Stocks open with strong gains on Monday

HONG Kong stocks rallied at the open on Monday following a strong end to last week and a healthy lead from Wall Street as traders lower expectations about interest rates.

The Hang Seng Index jumped 1.19 per cent, or 257.74 points, to 21,976.80. 

The Shanghai Composite Index added 0.43 per cent, or 14.26 points, to 3,364.00, while the Shenzhen Composite Index on China’s second exchange rose 0.45 per cent, or 9.96 points, to 2,202.63. AFP