PHOTO
People walk through exchange square outside the Hong Kong Stock Exchange in Hong Kong on February 23, 2023. (Photo by ISAAC LAWRENCE / AFP).
Hong Kong stocks started the week on a positive note Monday after US inflation data boosted optimism that the Federal Reserve will cut interest rates before the end of the year.
The Hang Seng Index rose 1.79 percent, or 323.43 points, to 18,403.04.
The Shanghai Composite Index shed 0.27 percent, or 8.32 points, to 3,078.49, while the Shenzhen Composite Index on China's second exchange dropped 0.61 percent, or 10.54 points, to 1,719.12.
