Forex Tips -China and Hong Kong stocks rose on Monday morning, led by energy shares, as investors drew optimism from a rally in oil prices and rebounds in global equities.
China's blue-chip CSI300 index rose 0.8 percent, to 3,139.61 points by the lunch break, while the Shanghai Composite Index gained 1.0 percent, to 2,946.58 points.
Hong Kong's Hang Seng index added 1.8 percent, to 19,430.02 points, while the Hong Kong China Enterprises Index gained 1.3 percent, to 8,212.89.
Investor sentiment has improved after Beijing's interventions to stabilise China's yuan currency on both the onshore and offshore markets, while Hong Kong authorities expressed their confidence in the value of the Hong Kong dollar - recently the target of speculative short sellers.
China's blue-chip CSI300 index rose 0.8 percent, to 3,139.61 points by the lunch break, while the Shanghai Composite Index gained 1.0 percent, to 2,946.58 points.
Hong Kong's Hang Seng index added 1.8 percent, to 19,430.02 points, while the Hong Kong China Enterprises Index gained 1.3 percent, to 8,212.89.
Investor sentiment has improved after Beijing's interventions to stabilise China's yuan currency on both the onshore and offshore markets, while Hong Kong authorities expressed their confidence in the value of the Hong Kong dollar - recently the target of speculative short sellers.
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