Hong Kong shares up

Hong Kong shares ended higher on Monday after China's central bank cut banks' reserve requirements to boost the economy, and after the head of the US Federal Reserve moved to ease market concerns over the Fed's response to slowing growth. At the close of trade, the Hang Seng index was up 0.82 percent at 25,835.70. The Hang Seng China Enterprises index rose 0.94 percent to 10,123.85.
The sub-index of the Hang Seng tracking energy shares rose 1.9 percent, while the IT sector rose 2.08 percent, the financial sector ended 0.45 percent higher and the property sector rose 1.22 percent.