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Shanghai: Stocks extend rally at open on Monday


[HONG KONG] Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets.

The benchmark Shanghai Composite Index rose 0.59 per cent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 per cent, or 11.72 points, to 1,275.53.

And the Hang Seng Index added 0.79 per cent, or 202.39 points, to 25,763.79.


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