Hong Kong shares strengthened on Monday, tracking gains in mainland stocks, which jumped after Beijing replaced its top securities regulator and on fresh measures to support the real estate sector.
The Hang Seng index rose 0.9 per cent to 19,464.09, while the China Enterprises Index gained 1.3 per cent to 8,221.37 points.
All main sectors rose, but the shares of Alibaba Health Information Technology Ltd tumbled 14 per cent after regulators said it would suspend Ali Health’s drug monitoring platform.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.