Hong Kong stocks extend gains at noon led by chip and auto firms
Hong Kong shares rose by midday on Monday, with the Hang Seng Index climbing 0.61 per cent. Chipmakers and automakers led gains, while mainland indexes also advanced.
Hong Kong shares extended early gains by noon on Monday, led by chipmakers and automakers, according to market data reported by The Standard.
The benchmark Hang Seng Index climbed 142 points, or 0.61 per cent, to 23,437 points by the midday break. The half-day market turnover reached HK$114.1 billion.
The Hang Seng Tech Index rose 2.85 per cent to 3,862 points at noon, reflecting strong performance in the technology sector.
On the mainland, the Shanghai Stock Exchange Composite Index increased 1.16 per cent to 3,640 points, while the Shenzhen Stock Exchange Component Index jumped 2.39 per cent to 11,092 points.