Hong Kong stocks rose, with the benchmark index heading for its biggest gain in seven weeks, amid speculation China��s policy makers will take steps to bolster equities. Technology companies and brokerages jumped.
The Hang Seng Index rose 1.7 percent to 22,238.11 at the break in Hong Kong, set for the steepest advance since March 24. The Hang Seng China Enterprises Index, also known as the H-share index, added 1.7 percent to 9,847.74.
China��s State Council pledged to implement policies to improve the quality of and access to the nation��s stock, bond and commodities markets. The government will relax limits on foreign investment in listed companies and expand quotas for capital flow, the council said in a statement posted on the central government��s website at the end of last week after the close of trading.
Source : Bloomberg