Hong Kong stocks snap four-day losing streak

Hong Kong stocks rebounded on Monday, drawing inspiration from a firmer Wall Street and helped by rising capital inflows from the mainland. The benchmark Hang Seng index added 1.0 percent, to 23,348.24 points. The Hong Kong China Enterprises Index, which tracks mainland companies listed in Hong Kong, clocked the biggest one-day rise in a month, bouncing 1.6 percent, to 9,840.26 points.
Sentiment was helped by rising southbound inflows through the Shanghai-Hong Kong Stock Connect, which used more than 17 percent of the daily quota on Monday, compared with an average of nearly 11 percent in January.