China and HK stocks open up, markets await details of stimulus steps

SHANGHAI: China and Hong Kong stocks rose at the open on Tuesday, as investors await details of stimulus measures from a top leadership meeting next week.

China’s blue-chip CSI300 Index and Shanghai Composite Index both opened up 0.2% each. Hong Kong benchmark Hang Seng was up 0.6%.

China’s top legislative body will meet from Nov. 4-8, state media said on Friday, with no mention on the agenda of highly anticipated debt and other fiscal measures.

China, HK stocks end marginally higher

China outlined steps on Monday to improve family planning and parenting measures in an effort to boost the number of births, according to a statement from the state council, or cabinet, after two consecutive years of shrinking population numbers.