Hong Kong stocks opened higher on Monday

Hong Kong stocks opened higher on Monday as investor concerns about an expected surge in inflation were soothed by data last week showing far fewer US jobs than expected were created last month.

The Hang Seng Index added 0.58 percent, or 166.34 points, to 28,776.99, reports BSS.

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The benchmark Shanghai Composite Index edged up 0.14 percent, or 4.72 points, to 3,423.59, while the Shenzhen Composite Index on China’s second exchange inched up 0.09 percent, or 1.96 points, to 2,241.64.

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