Hong Kong stocks tracked the mainland Chinese markets higher on Monday and closed at a nine-month peak, buoyed by expectations of the US Federal Reserve taking a dovish stance at its policy meeting this week and Beijing rolling out more policy measures to boost growth. The Hang Seng index rose 1.4 percent, to 29,409.01, while the China Enterprises Index gained 1.5 percent, to 11,674.83 points.
Developers outperformed with a 2.7 percent rise, led by Agile Group Holdings which climbed 10.7 percent. The top gainers among H-shares were China Resources Land Ltd up 9.13 percent, followed by China Vanke Co Ltd, gaining 6.95 percent, and Shenzhou International Group Holdings Ltd, up by 5.06 percent.