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Hong Kong stocks end 0.57% higher

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(Globalpost/GlobalPost)

Shares in Hong Kong and Shanghai rallied on Monday after China released another upbeat batch of trade data indicating a slowdown in the Asian economic giant may have bottomed out.

The benchmark Hang Seng Index added 0.57 percent, or 129.43 points, to end at 22,750.65 on turnover of HK$67.14 billion ($8.66 billion).

Chinese shares surged 3.39 percent. The benchmark Shanghai Composite Index jumped 72.53 points to 2,212.52 on turnover of 178.9 billion yuan ($29.2 billion).

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http://www.globalpost.com/dispatch/news/afp/130909/hong-kong-stocks-end-057-higher