Hong Kong shares up 1.50% by lunch

Hong Kong stocks ended the morning session 1.50 percent higher Monday, with investors piling into the market after the head of China`s central bank hinted at further easing measures to boost the economy.

Hong Kong: Hong Kong stocks ended the morning session 1.50 percent higher Monday, with investors piling into the market after the head of China`s central bank hinted at further easing measures to boost the economy.

The benchmark Hang Seng Index climbed 367.17 points to 24,853.37 by lunch on turnover of HK$71.05 billion ($9.17 billion).

In mainland China the benchmark Shanghai Composite Index jumped 1.62 percent, or 59.83 points, to 3,750.93.

The Shenzhen Composite Index, which tracks stocks on China`s second exchange, eased 0.10 percent, or 1.84 points, to 1,933.75.

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