Hong Kong shares ended higher on Monday, boosted by the good performance of the U.S. stocks.
The benchmark Hang Seng Index gained 292.14 points, or 1.28 percent, to close at 23,121.06 points, after trading between 22,899.58 and 23,187.82 points.
Turnover totaled 78.18 billion HK dollars compared with Friday's 89.81 billion HK dollars.
The Hang Seng China Enterprises Index rose 316.23 points, or 2.62 percent, to close at 12,398.05.
All the four sub-indices gained ground. The Commerce & Industry sub- index was the biggest gainer, surging 1.72 percent, followed by the Properties, rising 1.15 percent, the Finance, 1.06 percent, the Utilities, 0.06 percent.
Analysts said Hang Seng Index rose on bargain hunting and expectations of a strong global economic recovery, as the Dow Jones Industrial Average rose 0.36 percent to 12,273.26 on Friday, its highest close since June 13, 2008.
China Merchants, a mainland-focused port investor and operator, was the best-performing blue chip in the day, with its shares rising 5.6 percent to 33.85 HK dollars, driven by an improved outlook for the global shipping industry.
Europe-focused retailer Esprit rose 5.1 percen to 42.45 HK dollars, after the company announced its first-half results Thursday and a higher first-half dividend payment of 1 HK dollar per share compared with 0.74 HK dollars per share a year earlier.
Foxconn International, the HK-listed arm of the Taiwan-based electronics giant Hon Hai Precision Industry, was the worst-performing blue chip in the day, with its shares falling 3.55 percent to 5.43 HK dollars (1 U.S. dollar equals 7.793 HK dollars).
