Hong Kong stocks start week with rally

HONG KONG stocks closed with another big gain on Monday (Nov 6) after a below-par US jobs report reinforced views that the Federal Reserve will not hike interest rates again soon.

The Hang Seng Index jumped 1.71 per cent, or 302.47 points, to 17,966.59.

The Shanghai Composite Index added 0.91 per cent, or 27.61 points, to 3,058.41, and the Shenzhen Composite Index on China’s second exchange put on 2.13 per cent, or 39.97 points, to 1,914.97. AFP