Hang Seng Index Opens 0.07% Higher

Hong Kong’s Hang Seng Index gained 12.63 points, or 0.07 percent, to open at 18,488.55 on Monday

The momentum continues from last week as the market closed 246 pts higher, at 18,411 pts last Friday. RHB Retail Research noted on Friday that the market opened at 18,163 pts, rose to the day’s high of 18,591 pts before closing at 18,411 pts.

In the evening, it gained 118 pts and last traded at 18,529 pts.

Both China and Hong Kong are enjoying a resurgence as investors snap up beaten down stocks.

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