Hong Kong stocks rally at start of the week

Hong Kong: Hong Kong stocks jumped on Monday following a strong lead from Wall Street where investors welcomed a forecast-busting jobs report.

The Hang Seng Index climbed 1.66 percent, or 505.07 points, to 30,997.98.

The benchmark Shanghai Composite Index gained 0.52 percent, or 16.05 points, to 3,091.19 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.09 percent, or 1.63 points, to 1,747.96.