Hong Kong shares rebound by more than 2 per cent
Hong Kong - Hong Kong stocks jumped by more than 2 per cent Monday as sentiment improved following a week in which shares slipped to their lowest level in three months.
The Hang Seng Index ended the day at 21,913.06, up 489.24 points or 2.28 per cent on Friday's close. Turnover was a relatively low 59.8 billion Hong Kong dollars (7.66 billion US dollars).
Analysts attributed the rebound to bargain-hunting after heavy losses across the board last week, accompanied by a more upbeat mood because of positive earnings forecasts by some Chinese banks. (dpa)
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