HONG KONG---Shares in Shanghai surged 3.58 percent to a five-and-a-half-year high Monday on hopes for fresh economic stimulus, but Hong Kong finished the day in negative territory.
The benchmark Hang Seng Index slipped 0.57 percent, or 136.50 points, to 23,721.32 on turnover of HK$111.73 billion (US$14.42 billion).
In mainland China the benchmark Shanghai Composite Index surged 115.84 points to 3,350.52 -- its highest since August 2009 -- on turnover of 549.8 billion yuan ($89.8 billion).
The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.53 percent, or 21.67 points, to 1,436.86 on turnover of 277.9 billion yuan.
AFP
