Hong Kong: Stocks rally at open

[HONG KONG] Hong Kong stocks rallied more than one per cent after opening Monday morning as data showed a better-than-expected improvement in Chinese factory activity during August.The benchmark Shanghai Composite Index added 0.

37 per cent, or 12.74 points, to 3,416.55, while the Shenzhen Composite Index on China's second exchange gained 0.45 per cent, or 10.40 points, to 2,316.02.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

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Hong Kong dividend stocks no longer in favour as payouts slashedDIVIDEND investors are having to rethink their strategies in Hong Kong's stock market, as companies mired in a pandemic-driven recession are slashing payouts more than before. Read more at The Business Times.
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