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Hong Kong, Shanghai stocks start week with rallies

Jul 09 2018 11:34

Hong Kong and Shanghai stocks rallied on Monday as investors tracked a positive lead from Wall Street fuelled by healthy jobs data, while bargain buyers moved in after recent hefty losses.

The Hang Seng Index jumped 1.32% to finish at 28 688.50.

The benchmark Shanghai Composite Index jumped 2.47% to 2 815.11 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, advanced 2.51% to 1 574.54.

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