Hong Kong, Shanghai stocks rally

Hong Kong, Shanghai stocks rally
Updated on

Summary The benchmark Shanghai Composite Index jumped 2.77 percent

HONG KONG (AFP) - Shares in Hong Kong and Shanghai rallied on Monday following big losses last week while investors also welcomed official data indicating a pick-up in Chinese manufacturing activity in May.

The Hang Seng Index added 181.42 points to 27,605.61 by the break on turnover of HK$88.41 billion ($11.41 billion).

The benchmark Shanghai Composite Index jumped 2.77 percent, or 127.59 points, to 4,739.33.

The Shenzhen Composite Index, which tracks stocks on China s second exchange, gained 3.54 percent, or 98.78 points, to 2,892.03.

Browse Topics