HONG KONG: Hong Kong stocks started the week with solid gains early Monday, with the Hang Seng Index HIS increased by 1%, and the China’s Hang Seng China Enterprises Index gained by 1.5%.
The advance came despite a number of event risks lurking later in the week, including talks slated for Tuesday between protesters and the Hong Kong government.
China’s central bank is planning to inject 200 billion yuan ($33 billion) into the banking system.
The Shanghai Composite Index SHCOMP, meanwhile, added 0.3%, lagging its Hong Kong peer ahead of a raft of Chinese economic data, including gross domestic product, due out Tuesday.
