Hong Kong  - Hong Kong shares climbed more than 3 per cent to a three-month high Monday, pushed up by rising confidence in the US recovery prospects and a strong rebound by banking giant HSBC.

The blue-chip Hang Seng Index rose by 453.35 points or 3.11 per cent to 14,998.04, after rising above the 15,000 points mark earlier in the day. Turnover was 62.1 billion Hong Kong dollars (8 billion US dollars.)

Market heavyweight HSBC saw its share price shoot up by more than 5 per cent after the announcement of a successful rights issue, ending the day up more than 5 per cent at 52 Hong Kong dollars, up nearly 70 per cent from its 14-year low four weeks ago. (dpa)