Hong Kong stocks close 2.7pc higher
Hong Kong stocks closed sharply higher on Monday. The Hang Seng Index rose 2.7 percent, or 434 points, to 16,595, building on last week's strong rallies. The Shanghai Composite Index rose 0.2 percent, or 7 points, to 3,077, while the Shenzhen Composite Index climbed 0.4 percent, or 7 points, to 2,027. (Additional reporting by AFP)