Hong Kong Stocks Start The Week With Gains

Hong Kong stocks opened on a positive note on Monday morning, with investors keeping tabs on US stimulus talks.

The Hang Seng Index rose 0.7 percent, to 24,565.

On the mainland, the Shanghai Composite Index climbed 0.4 percent, to 3,351 while the Shenzhen Composite Index added 0.6 percent, to 2,280.

Meanwhile, Tokyo stocks opened higher with bargain-hunting purchases supporting the market, as investors closely watched developments over a fresh US stimulus package and the coronavirus pandemic.

The benchmark Nikkei 225 index was up 0.8 percent in early trade.

"Japanese shares this week are seen trading positively even though uncertainties remain over additional US stimulus measures and increasing coronavirus infections in Europe... as individual investors' appetite for bargain-hunting is strong," Okasan Online Securities said in a commentary. (AFP)