Mainland shares advance the most in seven weeks
By Bloomberg | China Daily | Updated: 2016-07-12 07:54
Chinese mainland stocks traded in Hong Kong rose the most in seven weeks, joining a global rally, as data on US jobs signaled the world's biggest economy is on a stronger footing.
The Hang Seng China Enterprises Index climbed 2 percent, after sliding 2 percent last week.
The S&P 500 Index jumped 1.5 percent on Friday after a report showed a 287,000-worker increase in nonfarm payrolls in June, the most in eight months. In the mainland, the Shanghai Composite Index pared gains to close 0.2 percent higher on Monday.
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