HK stocks surge at start of week
Hong Kong stocks soared at Monday's open, as tech giants rallied after Beijing authorities hit fintech affiliates of Tencent and Alibaba with huge fines, signalling an end to a long-running sector crackdown. The Hang Seng Index climbed 2.08 percent to 18,748. The Shanghai Composite Index added 0.38 percent to 3,209, while the Shenzhen Composite Index on the mainland's second exchange gained 0.33 percent to 2,037. (AFP)