Hong Kong stocks begin week with big gains
Hong Kong stocks enjoyed a strong start to the week on Monday, in line with a global rally, after a sharp drop in US inflation fuelled hopes the Federal Reserve could be nearing the end of its interest rate hike cycle. The Hang Seng Index rose 2.1 percent, or 390 points, to 19,306. The Shanghai Composite Index jumped 1.3 percent, or 41 points, to 3,243, while the Shenzhen Composite Index added 0.5 percent, or 10 points, to 2,060. (AFP)