Hong Kong stocks build on gains at start of week

HONG KONG: Hong Kong stocks finished sharply higher again Monday, tracking a global advance, on hopes the US Federal Reserve will skip an interest rate hike next week.

The Hang Seng Index jumped 0.84 percent, or 158.56 points, to 19,108.50 following a four percent surge on Friday.

The Shanghai Composite Index edged up 0.07 percent, or 2.37 points, to 3,232.44, while the Shenzhen Composite Index on China’s second exchange dipped 0.09 percent, or 1.92 points, to 2,033.70.