HK stocks open up as US officials move on failed bank
Hong Kong stocks opened slightly higher on Monday after last week's big losses, with traders cheered by US financial regulators' moves to support depositors after the collapse of Silicon Valley Bank. The Hang Seng Index edged up 0.5 percent to 19,411. The Shanghai Composite Index dipped 0.1 percent to 3,228, and the Shenzhen Composite Index on China's second exchange eased 0.3 percent to 2,081. (AFP)