Local stocks jump amid tech optimism

Hong Kong stocks finished with more healthy gains on Monday as tech firms were boosted by news that Chinese authorities had fined food delivery firm Meituan less than expected over monopolistic behaviour.

The Hang Seng Index climbed 1.96 percent, or 487 points, to 25,325.

The Shanghai Composite Index was flat, inching down 0.46 points to 3,591, while the Shenzhen Composite Index on China’s second exchange eased 0.43 percent, or 10 points, to 2,403. (AFP)