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Hong Kong stocks rose on Monday, taking cues from bullish mainland China shares, which extended their winning streak to a ninth straight session.
Strength in the Hong Kong market also reflected gains in Wall Street and European markets on Friday.
Banking and real estate stocks led the rise on signs that Beijing is loosening policies to aid the struggling property sector.
The Hang Seng index rose 0.5 per cent to 24,494.51 points, while the China Enterprises Index gained 0.2 per cent to 12,177.82.
Among the most actively traded stocks on Hong Kong’s main board were China Mining, up 21.8 per cent at HK$0.19; Junyang Solar, up 11.1 per cent at HK$0.30; and Yueshou Environmental Holdings, up 34.9 per cent at HK$0.43.
Total trading volume of companies included in the HSI index was 1.5 billion shares.
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