HK market opens higher, boosted by US inflation data
Hong Kong stocks opened higher on Monday as traders cheered data showing US inflation cooling further last month, easing pressure on the Federal Reserve to hike interest rates. The Hang Seng Index rose 0.5 percent to 19,002. The Shanghai Composite Index added 0.2 percent to 3,209, while the Shenzhen Composite Index on China's second exchange gained 0.3 percent to 2,054. (AFP)