Hong Kong--Shares in Hong Kong and Shanghai rose Monday morning after China at the weekend cut interest rates for the third time in six months as it looks to kickstart the struggling mainland economy.
The Hang Seng index added 0.50 percent, or 137.29 points, to 27,714.63 on turnover of HK$70.47 billion ($9.09 billion).
In Shanghai the benchmark composite index added 1.18 percent, or 49.62 points, to 4,255.54.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 3.09 percent, or 70.30 points, to 2,342.47.
AFP
