HK stocks open up over 1.4 percent
Hong Kong stocks opened more than one percent higher on Monday morning following a rally on Wall Street fuelled by hopes the Federal Reserve will further slow its pace of interest rate hikes. The Hang Seng Index climbed 1.45 percent, or 304 points, to 21,295. The Shanghai Composite Index added 0.37 percent, or 11 points, to 3,169, while the Shenzhen Composite Index on China's second exchange gained 0.35 percent, or 7 points, to 2,047.