HONG KONG stocks climbed on Monday, boosted by robust gains for financial and properties firms, after China's upbeat data pointed to recovery gaining momentum in the world's second-largest economy from the coronavirus crisis.
HSBC Holdings Plc was the top gainer, jumping 9.22%, while China Unicom Hong Kong Ltd was the biggest loser, down 3.02%. Leading the gains, the Hang Seng financials ended 1.9% higher, with HSBC Holdings jumping 9.2% after Ping An Insurance increased stake.China Evergrande Group said its debt-cutting measures were working and the Hong Kong bourse had approved its spinoff plan.
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