Hong Kong stocks staged a strong rally on Monday, with the benchmark Hang Seng Index up 2.06% to jump above 19,000 mark and close at 19,306, the Hang Seng China Enterprises Index up 2.6% and the Hang Seng Tech Index up 3.7%.
Technology heavyweights were higher across the board, with Baidu and JD.com up 4.5%, Kuaishou up 3.8%, Meituan, Alibaba, Xiaomi and NetEase also higher. Automakers and auto dealers outperformed, with Xpeng Motors surging 16.5%.
Airlines and airport operators rallied on rising travel demand during the summer season. Gold mining companies, casino operators, tourism companies, shipping companies, port operators, hotels were mostly higher.
